Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Global Crown Capital Announces Nanotechnology Index Quarterly Rebalance

Abstract:
(Bloomberg: GCCLGCNI)

Global Crown Capital Announces Nanotechnology Index Quarterly Rebalance

SAN FRANCISCO, CA | Posted on April 17th, 2008

The 1Q08 rebalancing of the Global Crown Capital Nanotechnology Index added five new stocks while removing four, increasing the total number of components in the index to 29. The five newly added components are Applera Corp. (ABI), Bruker Corp. (BRKR), CombiMatrix Corp. (CBMX), and Nanosphere, Inc. (NSPH). The components removed from the index no longer qualify, as they are trading below the $1.00 per share threshold. The removed components are Acusphere (ACUS), Immunicon Corp. (IMMC), Nanogen Inc. (NGEN), and Psvidia ADR (PSDV).

During 1Q08 the GCC Nanotechnology Index declined 6.5%, outperforming both NASDAQ-100 and S&P 500 indices by 6.6% and 2.1%, respectively. The best performing stock was Illumina (ILMN), moving up 28.1%. The worst performing stock was Altair Nanotechnologies (ALTI), dropping 37.6%. The average daily trading volume is over 500,000 shares and the total market cap of the index is over $32 billion.

The GCC Nanotechnology Index is designed to track the stock performance of the nanotechnology industry. Many companies are active in nanotechnology, but only those public companies whose stock performance GCC believes moves with the success or failure of its nanotechnology efforts are eligible for inclusion. Large multi-national corporations are often spending on nanotechnology research and have nanotechnology-enabled product lines, but if GCC believes their stock prices move mainly for reasons other than nanotechnology, they are not included. Similarly stocks which trade below $1.00 or are not on a national U.S. exchange are not eligible.

As the nanotechnology industry evolves, the list of the companies included in the GCC Nanotechnology Index changes. The number of components included in the index can increase or decrease depending on the number of U.S. public companies primarily focused on nanotechnology (IPO, mergers and acquisitions, or refocusing of business activities).

####

About Global Crown Capital, LLC
Global Crown Capital, LLC is a research-focused boutique investment firm broadly and deeply focused on technology. The firm specializes in Global Equity Research, Institutional Sales and Trading, Prime Brokerage, Global Wealth Management, Asset Management, Investment Banking and Corporate Services. GCC is a member of FINRA/NFA/SIPC.

For more information, please click here

Contacts:
Global Crown Capital, LLC
Helen Simms
415-354-7183

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Nanoparticle reduces targeted cancer drug's toxicity February 11th, 2016

Cima NanoTech Debuts Large Interactive Touch Screens with European Customers at ISE 2016: For the first time in Europe, Cima NanoTech’s wide range of high performance, projected capacitive touch modules are showcased February 11th, 2016

Scientists take nanoparticle snapshots February 10th, 2016

Chemical cages: New technique advances synthetic biology February 10th, 2016

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, Magic Leap, Raises $793.5 Million in New Funding February 3rd, 2016

Israel: A Nanotech Superpower: Did you know that Israel is a hotbed for nanotechnology research and development? February 1st, 2016

PEN Inc. Announces 1-for-180 Reverse Stock Split January 27th, 2016

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 2, 2016 January 13th, 2016

Announcements

Nanoparticle reduces targeted cancer drug's toxicity February 11th, 2016

Cima NanoTech Debuts Large Interactive Touch Screens with European Customers at ISE 2016: For the first time in Europe, Cima NanoTech’s wide range of high performance, projected capacitive touch modules are showcased February 11th, 2016

Composite Pipe Long Term Testing Facility February 10th, 2016

Scientists take nanoparticle snapshots February 10th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic