Dow Jones Launches Internet Stock Index - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Dow Jones Launches Internet Stock Index

The explosive activity among Internet stocks has promptedDow Jones Indexes to launch a new index that will monitorthe performance of the Internet sector.

The Dow Jones Internet Index, or DJII, is looking to holdapproximately 80% of the total Internet stock marketcapitalization. Upon its launch, the DJII included 40 stocksof companies that pull at least half of their revenue fromthe Internet; have been public for at least three months;have had a three-month average market cap of at least $100million; have an average closing price of more than $10; andhave sufficient volume to pass a liquidity test. Accordingto Dow Jones Indexes, the division of Dow Jones & Co. thatalso controls the Dow Jones Industrial Average, the indexwas created to offer investors a consolidated benchmarkingtool as the Internet sector has become increasingly popularand volatile.

The DJII will be divided into sub-indexes of InternetServices and Internet Commerce. Services representscompanies either providing access to the Internet orservices to Internet users. Currently, 25 companies areincluded in the sub-index, including America Online,Netscape, Sterling Commerce, and USWeb/CKS. The Commercesub-index will encompass companies whose revenue isgenerated from selling products or services via theInternet. Among the 15 companies currently listed areAmazon.com, Beyond.com, and E-Trade.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
Slideshows
10 Ways to Transition Traditional IT Talent to Cloud Talent
Lisa Morgan, Freelance Writer,  11/23/2020
News
What Comes Next for the COVID-19 Computing Consortium
Joao-Pierre S. Ruth, Senior Writer,  11/24/2020
News
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll