By Mobile Guru
In early January, I created a Microcap Mobile Index consisting of stocks that have market capitalizations under $1B and a price over $1 that covered the companies below. Let’s take a look at how the group has performed year to date versus the NASDAQ composite. Impressively, the Mobile index racked up a 32% year to date gain compared to the NASDAQ which is up 13% year to date. Here is a short recap of some specific news items of relevance to the companies that comprise the index.
Stock Dec. 30 2011 Close Current Price Percentage Gain/Loss
- AUGT $1.34 $1.94 44.78%
- ETAK $2.65 $2.50 -5.66%
- GLUU $3.14 $3.76 19.75%
- MITK $7.25 $11.20 54.48%
- VELT $6.80 $10.09 48.38%
- NASDAQ 2605 2951 13.28%
- Index Average 32.35%
Augme Technologies Inc. (OTC:AUGT)
• On February 16th Augme Technologies announced new features and functionality of its AD LIFE mobile marketing and advertising platform. The powerful SaaS-based platform is further optimized for customer ease-of-use while adding a number of key updates to Mobile SiteBuilder and the mobile couponing module. Read More
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