MobileBizBuzz

March 24, 2010

Wireless Index Tracking Above NYSE

Filed under: Industry News — Tags: Clint @ 12:56 pm

One of the industry analysis tools that RCR Wireless magazine provides is a Wireless Index which is a basket of stocks across the wireless/mobile ecosystem.  Prior to the market crash in 2009, the index performance typically tracked above NYSE peformance, but has been slightly lagging for the last year and a half.  Over the past month, the stock market has been bullish with consistent gains on the DJIA up to the 11,000 level.  Over the same time period, the Wireless Index has performed above the NYSE, reversing the trend.

RCR Wireless Index - March 2010

RCR Wireless Index - March 2010

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