- 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 13, 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 6 huge US Technology Companies classified in Non-Technology Sectors had their average stock prices decline by a huge 37% 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 6 huge US Technology Companies classified in Non-Technology Sectors have increased by a spectacular 846% through February 13, 2014. Of these 6 huge Technology Corps, 3 of them had their stock prices increase by more than 10 times since March 6, 2009.....priceline.com (up 14.3 times), Expedia (up 11.6 times) and Netflix (up 10.4 times). And all 6 of them had stock price increases of more than 4 times since March 6, 2009.
Clearly, the investors in and employees of all 6 of these huge US Technology Companies classified in Non-Technology Sectors must be extremely 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 6 huge US Technology Companies classified in Non-Technology Sectors on February 13, 2014, on March 6, 2009, and on December 31, 2007:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Huge Technology Companies Classified in Non-Technology Sectors | HQs | 2-13-14 | 3-6-09 | 12-31-07 | 2-13-14 | 3-6-09 | |
priceline.com | Norwalk | CT | 1,276.07 | 83.59 | 114.86 | 1427% | -27% |
Expedia | Bellevue | WA | 76.69 | 6.08 | 29.74 | 1160% | -80% |
Netflix | Los Gatos | CA | 436.55 | 38.18 | 26.62 | 1043% | 43% |
Apple | Cupertino | CA | 544.43 | 85.30 | 198.08 | 538% | -57% |
Amazon.com | Seattle | WA | 357.20 | 61.69 | 92.64 | 479% | -33% |
eBay | San Jose | CA | 54.92 | 10.43 | 33.19 | 427% | -69% |
Average % Change all 6 | 846% | -37% |