Of these 24 US Information Technology Services Companies, 18 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 18 largest US Information Technology Services Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a huge 46% 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 18 largest US Information Technology Services Companies have increased by a very impressive 395% through February 7, 2014, led by two California-based companies.....ServiceNow and iGATE.....both with stock price increases above 1,000%.
Clearly, the investors in and employees of nearly all of these 18 largest US Information Technology Services 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 18 largest US Information Technology Services 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 | |||
Information Technology Services Company | HQs | 2-7-14 | 3-6-09 | 12-31-07 | 2-7-14 | 3-6-09 | |
ServiceNow | San Diego | CA | 66.29 | 5.00 | 10.29 | 1226% | -51% |
iGATE | Fremont | CA | 31.86 | 2.56 | 7.95 | 1145% | -68% |
Unisys | Blue Bell | PA | 32.10 | 3.30 | 47.30 | 873% | -93% |
Gartner | Stamford | CT | 65.33 | 8.94 | 17.56 | 631% | -49% |
Virtusa | Westborough | MA | 36.06 | 5.75 | 17.33 | 527% | -67% |
Computer Task Group | Buffalo | NY | 15.84 | 2.98 | 5.53 | 432% | -46% |
Acxiom | Little Rock | AR | 36.00 | 7.20 | 11.73 | 400% | -39% |
NCR | Duluth | GA | 32.07 | 6.80 | 25.10 | 372% | -73% |
Syntel | Troy | MI | 82.34 | 18.11 | 38.52 | 355% | -53% |
Riverbed Technology | San Francisco | CA | 19.99 | 4.97 | 13.37 | 303% | -63% |
Fidelity National Information Services | Jacksonville | FL | 53.71 | 16.39 | 12.90 | 228% | 27% |
Accenture | Chicago | IL | 80.58 | 28.00 | 36.03 | 188% | -22% |
Xerox | Norwalk | CT | 10.41 | 4.28 | 16.19 | 143% | -74% |
IBM | Armonk | NY | 177.25 | 85.81 | 108.10 | 107% | -21% |
Computer Sciences Corp | Falls Church | VA | 60.06 | 32.84 | 49.47 | 83% | -34% |
Ciber | Greenwood Village | CO | 3.80 | 2.20 | 6.11 | 73% | -64% |
Sykes Enterprises | Tampa | FL | 20.35 | 13.92 | 18.00 | 46% | -23% |
Epiq Systems | Kansas City | KS | 13.74 | 15.58 | 17.41 | -12% | -11% |
Average % Change all 18 | 395% | -46% |
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 6 additional US Information Technology Services 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 | % | |||||
Information Technology Services Company | HQs | 2-7-14 | Date | Date | Change | |||
Rackspace Hosting | San Antonio | TX | 39.51 | Aug 2008 | 10.01 | 295% | ||
Digimarc | Beaverton | OR | 30.20 | Oct 2008 | 9.45 | 220% | ||
EPAM Systems | Newtown | PA | 43.41 | Feb 2012 | 14.00 | 210% | ||
CDW Corp | Vernon Hills | IL | 23.55 | Jun 2013 | 18.37 | 28% | ||
Science Applications Intl | McLean | VA | 36.52 | Sep 2013 | 31.43 | 16% | ||
Boingo Wireless | Los Angeles | CA | 5.99 | May 2011 | 12.10 | -50% | ||
Average % Increase all 6 | 120% |