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Nasdaq Index for Internet Companies

Posted on 11.26.2007
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."

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