Saturday, February 8, 2014

14 Largest US Internet Information Provider Company Stock Prices Down 61% Due to Financial Meltdown Spillover Effects, Then Up 414% Under Obama and the US Fed

I found 27 US Internet Information Provider Companies classified in the Technology Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each.

Of these 27 US Internet Information Provider Companies, 14 of them also had their common stocks trading on each of the following three dates:

  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 7, 2014.

The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 14 largest US Internet Information Provider Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a massive 61% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the average stock prices of these same 14 US Internet Information Provider Companies have increased by a very impressive 414% through February 7, 2014, led by Healthstream, Web.com Group and Autobytel.....with all 3 experiencing stock market price growth above 900%.

Clearly, the investors in and employees of nearly all of these 14 US Internet Information Provider Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state. 

Below here are the stock market prices of each of these 14 largest US Internet Information Provider Companies having their stocks trading on February 7, 2014, on March 6, 2009, and also on December 31, 2007:






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Internet Information Provider Company HQs
2-7-14 3-6-09 12-31-07 2-7-14 3-6-09





Healthsteam Nashville TN       28.08         1.92         3.50 1363% -45%
Web.com Group Jacksonville FL       31.65         2.93       11.61 980% -75%
Autobytel Irvine CA       14.79         1.40       13.75 956% -90%
IAC/InterActive New York NY       66.97       14.11       26.92 375% -48%
Blucora Bellevue WA       25.00         5.28       18.80 373% -72%
Travelzoo New York NY       22.14         5.50       13.68 303% -60%
Google Mountain View CA   1,177.44      308.57      691.48 282% -55%
Conversant Westlake Village CA       21.20         5.84       21.90 263% -73%
Akamai Technologies Cambridge MA       56.64       16.36       34.60 246% -53%
Yahoo! Sunnyvale CA       37.23       13.05       23.26 185% -44%
Move Inc San Jose CA       13.45         5.04         9.80 167% -49%
VeriSign Reston VA       52.68       20.06       37.61 163% -47%
TechTarget Newton MA         6.89         2.65       14.78 160% -82%
Limelight Networks Tempe AZ         1.94         2.53         6.89 -23% -63%








Average % Change all 14




414% -61%

And in the chart below are the stock market prices on February 7, 2014 and on the close of the first trading date of the 13 additional US Internet Information Provider Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:















Closing






Month Price






Of On




Market
First First




Price
Trading Trading
%
Internet Information Providers HQs
2-7-14
Date Date
Change









Yelp San Francisco CA       89.41
Mar 2012       24.58
264%
TripAdvisor Newton MA       84.45
Dec 2011       27.45
208%
OpenTable San Francisco CA       75.67
May 2009       31.89
137%
LinkedIn Mountain View CA      209.59
May 2011       94.25
122%
AOL New York NY       47.28
Nov 2009       25.07
89%
HomeAway Austin TX       40.01
Jan 2013       22.82
75%
Facebook Menlo Park CA       64.32
May 2012       38.23
68%
Twitter San Francisco CA       54.35
Nov 2013       44.90
21%
Care.com Waltham MA       26.72
Jan 2014       24.30
10%
Bankrate North Palm Beach FL       16.00
Jun 2011       15.34
4%
Pitooey Scottsdale AZ         0.55
Jan 2013         0.70
-21%
Groupon Chicago IL       10.87
Nov 2011       26.11
-58%
CafePress San Mateo CA         6.10
Mar 2012       19.03
-68%









Average 25 Mos % Change for all 13





65%

When you combine the two above charts, of these 27 largest US Internet Information Provider Companies, 11 of them are headquartered in California.