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07/31/2005

Internet Stock Update: July 2005

Internet Stocks were up a strong 7.0% in July vs. the NASDAQ's 6.2% overall rise.  Amazon led the entire group, up a very strong 36.4% on strong Q2 earnings and an improved outlook.  Ebay also had a very strong month up 26.6% as its strong Q2 earning relived some worries that Google and high fees were hurting it's business.  The average stock was only up 4.7% indicating that large cap Internet stocks did particularly well.

There were no Internet IPOs in July, one of the few recent months without Internet IPO activity.

For a detailed breakdown of all the stock statistics including a record of all of the M&A in the space, click here to download an Excel spreadsheet with the data and click here to get Microsoft's automatic stock quote downloading plug-in for Excel if you don't already have it.

July 31, 2005 | Permalink

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