NASDAQ With New Internet Index
The National Association of Securities Dealers Automated Quotations (NASDAQ) stock exchange has launched a new internet only index, the NASDAQ Internet Index.
The index will benchmark the performance of companies in the sector, including ecommerce companies, search engines, web hosting, web design firms and ISPs. Thus, at a quick glance you will be able to see where companies such as Google, Yahoo, Amazon, Ebay and Blinkx are headed.
The inclusion of this index shows the importance of the internet and the players within the market. The NASDAQ also didn’t detail the makeup of the index in their release, but it wouldn’t be hard to guess that Google will be the 1000 pound Gorilla on the index.
Via Techcrunch
2 Comments
doesn’t this seem to be a little far behind, i mean we’ve seen the rise and fall and rise again of internet companies and only now are getting an internet only index? it will be interesting to see how it is laid out and organized