Winners: GLUU +12.79%, VOCS +4.06%
Losers: COOL (-17.6%), MITK (-9.24%) NCTY (-4.73%), VELT (-4.13%)
Comparison: Dow +4.7%, Nasdaq +6.25%, S&P 500 +5.34%, EEM +1.3%, FONE +5.16%
Saturday, September 17, 2011
Mobile App Index: 74.42(-2.60%) WE 9/16/11
VELT experienced huge price swings this week -- down over 10% on Monday and up over 15% on Tuesday -- but ultimately ended down. The major indexes continued to gain through the week starting Tuesday and appears to be due to positive sentiment around the European debt crisis. Not much news in the Mobile Application space.
Winners: GLUU +12.79%, VOCS +4.06%
Losers: COOL (-17.6%), MITK (-9.24%) NCTY (-4.73%), VELT (-4.13%)
Comparison: Dow +4.7%, Nasdaq +6.25%, S&P 500 +5.34%, EEM +1.3%, FONE +5.16%
Winners: GLUU +12.79%, VOCS +4.06%
Losers: COOL (-17.6%), MITK (-9.24%) NCTY (-4.73%), VELT (-4.13%)
Comparison: Dow +4.7%, Nasdaq +6.25%, S&P 500 +5.34%, EEM +1.3%, FONE +5.16%
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