Apple is down 1% before market open 4/5/2011 (Tues.), after Nasdaq OMX Group Inc. (NDAQ), the Nasdaq exchange operator, said Tuesday it would rebalance the Nasdaq 100 effective May 2.
The Wall Street Journal reported that the rebalancing was driven partly by the
rise in Apple shares, which have more than quadrupled in two years. The rebalancing will reduce the tech giant's weighting in the index, which is currently more than 20% to 12%.
Other adjustments:
Oracle +3.4
Microsoft +5
Intel +2.4
Google +1.6
Tuesday, April 5, 2011
Friday, April 1, 2011
Motely fool Travel Zoo comments
Motley Fool, 12 Mar 2011: "Travelzoo: Better than Priceline."
Motley Fool, 18 Mar 2011: "Travelzoo: The Most Perfect Stock."
Motley Fool, 01 Apr 2011: "Travelzoo is a Priceline Wannabee that ain't no Priceline. Sell [TZOO] Stock..."
Motley Fool, 18 Mar 2011: "Travelzoo: The Most Perfect Stock."
Motley Fool, 01 Apr 2011: "Travelzoo is a Priceline Wannabee that ain't no Priceline. Sell [TZOO] Stock..."
Travel zoo
Travelzoo sure has come a long, long way; when the company started operations in the bubble years it literally gave away 700,000 shares for nothing as a promotional stunt. Now the stock trades for a lofty 50x Bagga’s new EPS target for 2011.
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