Annual Changes to the NASDAQ Internet Index 8:10a ET March 12, 2012 (GlobeNewswire)
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the annual evaluation of the NASDAQ Internet Index (Nasdaq:QNET), which will become effective with the market open on Monday, March 19, 2012.
As a result of the evaluation, the following 13 securities will added to the Index: Angie's List, Inc. (Nasdaq:ANGI), HomeAway, Inc. (Nasdaq:AWAY), Carbonite, Inc. (Nasdaq:CARB), Cornerstone OnDemand, Inc. (Nasdaq:CSOD), Groupon, Inc. (Nasdaq:GRPN), Move, Inc. (Nasdaq:MOVE), Qihoo 360 Technology Co. Ltd. (NYSE:QIHU), Stamps.com Inc. (Nasdaq:STMP), Velti plc (Nasdaq:VELT), 21Vianet Group, Inc. (Nasdaq:VNET), Boingo Wireless, Inc. (Nasdaq:WIFI), Yandex N.V. (Nasdaq:YNDX), and Zillow, Inc. (Nasdaq:Z)
The Index is designed to track the performance of the largest and most liquid U.S.-listed companies engaged in internet-related businesses and that are listed in the U.S. The NASDAQ Internet Index is evaluated annually in March. For more information about the NASDAQ Internet Index, including detail eligibility criteria, visit https://indexes.nasdaqomx.com/.
As a result of the evaluation, the following seven securities will be removed from the Index: Clearwire Corporation (Nasdaq:CLWR), ModusLink Global Solutions, Inc. (Nasdaq:MLNK), MakeMyTrip Limited (Nasdaq:MMYT), Motricity, Inc. (Nasdaq:MOTR), Overstock.com, Inc. (Nasdaq:OSTK), support.com, Inc. (Nasdaq:SPRT), and Zix Corporation (Nasdaq:ZIXI).