Friday, February 14, 2014

6 Huge Technology Corps Classified in Non-Technology Sectors Stock Prices Down 37% Due to Financial Meltdown Spillover Effects, Then Up 846% Under Obama and the US Fed

I found what I would call 6 huge US Technology Companies which were classified in Non-Technology Sectors at Yahoo's superb Finance website with current Total Market Capitalizations of at least $10 bil and which 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 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%