This week was a new low for the Mobile Application Index -- 56.37. It also represents the second week of declines for the index, where every stock except MITK declined. What has dragged the index down so far this week? It appears that overall sentiment has recently become increasingly negative towards this rapidly growing sector of the business world, and Google's leaked earnings probably did improve that perception this week. I will retain the prediction of a return towards positive territory next week. :-)
Some of the earnings dates appear to have shifted and we're seeing some dates for next quarter already.
Upcoming Earnings: 10/23VOCS 4:05pm ET, 11/1 MM, 11/2 GLUU, 10/30 EPOC, 11/5 ROVI, COBR 11/8, 11/13 VELT, 11/14 VRNG, 11/14 MITK, P 11/21, 1/9/2013 AUGT, 1/14/2013 COOL.
Winner: MITK +6.35%
Losers: VRNG (17.78)%, AUGT (11.41)%, COOL (9.51)%, EPOC (8.34)%, MM (8.05)% ... :-)
Comparison: DJI +0.11%, Nasdaq (1.26)%, S&P500 0.32%, EEM 0.46%, FONE 0.27%
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