The Internet Economy Parties Like It's 1999

July 16th, 2013
in contributors, syndication

by Felix Richter, Statista.com

statistalogo

So far, 2013 has been a great year for the internet economy. Companies such as Google, LinkedIn and Amazon are currently trading at all-time highs and even internet 'oldtimers' AOL and Yahoo have come back from the dead.

Internet stocks rallied late last week, as the online economy is carrying a lot of momentum into the upcoming earnings season. So much so in fact, that some feel reminded of the internet bubble in the late 1990s, when everybody wanted in on the dot-com gold rush and stock prices inflated regardless of traditional business metrics.

Follow up:

In the next two weeks we will learn whether the actual results can live up to the hype. While Google and LinkedIn have consistently posted solid results in the recent past, others, such as Yahoo and Amazon, have yet to deliver the results to match their valuations.

The chart below shows the stock performance of selected internet companies in 2013. It illustrates the percentage change of the stock price compared to the closing price on January 2, 2013.

stock-performance-of-internet-companies
You will find more statistics at Statista

 

 









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved