Internet investors continued buying up shares late Friday and helped the
tech-heavy ISDEX and Nasdaq recover from a three day plunge. Among the
leading sectors were business-to-business and infrastructure.
internet.com’s Internet Stock Index rose 52.41, or 6.67 percent, to 827.88,
the Nasdaq Composite jumped 155.49 to 3882.62 and the Dow Jones industrial
average gained 269.30 to 11522.56.
Digital River Inc. (DRIV)
rose 4-3/8 to 33-1/4. The e-commerce outsourcing company announced it will
be the exclusive provider of over 100,000 downloadable software titles
throughout Fingerhut Companies’ sites thehut.com and andysgarage.com.
Network Solutions Inc. (NSOL)
added 4-13/16 to 202-3/4, Real Networks
was up 18-7/8 to 132-1/16, Verisign
rose 14-45/64 to 169-53/64 and Yahoo!
recovered 39-1/16 to 407-1/4.
Splitrock Services Inc. (SPLT)
rose 4-13/16 to 26-15/16. The data networking company was purchased by
McLeod USA Friday for $2.1 billion in stock.
Enjoy your weekend.
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