Engadget Index up $19.20 on first day 'trading'

Posted Oct 26th 2006 6:02PM by Sarah Gilbert
Filed under: Blogs, Indices, The Engadget Index, Sprint Nextel Corp (S), Sony Corp ADR (SNE), Advanced Micro Dev (AMD)

Wall Street has the DJIA, Silicon Valley, the NASDAQ. Now gadget-happy geeks everywhere (yes, we resemble that remark) have their own benchmark: The Engadget Index. Announced today, our friends over at Engadget have assembled an assortment of their 50 favorite gadget stocks.

And today, on its first day of "trading," the Engadget Index was up $19.20 to $1552.94. Marked by especially good results from Sony Corporation (ADR) (NYSE:SNE) (up $1.54, or 3.78$, to $42.30) and Sprint Nextel Corporation (NYSE:S) (up $1.18, a whopping 6.66%, to $18.90), Logitech International SA (ADR) (NASDAQ:LOGI) (up $1.15, 4.58%, to $26.27), and Garmin Ltd. (NASDAQ:GRMN) (up $1.96, 3.70%, to $54.87). Advanced Micro Devices, Inc. (NYSE:AMD), up 3.22% to $21.50, is also worth mentioning.

Only one stock in the new index was down any noticeable amount: NEC Corporation (ADR) (NASDAQ:NIPNY), down 19 cents or 3.54% to $5.24.

All in all, a great first day! Did Engadget have any impact on these stocks? Would you have chosen differently? Head over to Engadget and weigh in.

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