The Nasdaq announced today that it has launched a separate index to track the
performance of companies offering Internet-related services including internet
access providers, internet search engines, web hosting, website design, and
internet retail commerce.
From the
Nasdaq release:
The NASDAQ Internet Index is comprised of securities of companies that are at
the forefront of internet technology. They are leading innovators in providing
faster internet access, creating more intuitive e-commerce experiences, and
developing the second generation Web.
"
The NASDAQ Internet Index contains some of the most exciting internet
companies traded on NASDAQ and other U.S. exchanges," said NASDAQ Senior
Vice President Steven Bloom. "
Given the strength of NASDAQ's brand
association with innovation and its market share of internet company listings,
it is logical for NASDAQ to extend investment opportunities through a new
benchmark for this dynamic, evolving sector."
