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Midday Leaders and Laggards: Nasdaq 100



By AP
19 May 2008 @ 12:01 pm EST

NEW YORK - The Nasdaq 100 index rose in midday trading Monday after a report from the Conference Board showed the economy grew in April -however slightly -and Microsoft Corp. circled around to talk with Yahoo Inc. on a potential joint venture.

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Quotes
MSFT 21.5 -0.8
YHOO 12.29 -0.36
AMZN 56.25 0.25
CHRW 41.39 1.51
BIDU 213.75 7.57
GRMN 25.52 1.1
PETM 20.52 0.68
LOGI 18.4 0.57

SYMBOL LOOKUP

The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, gained 14.05 points to 2,045.32 in midday trading. The broader Nasdaq composite added 16.17 points to 2,454.02.

Shares of Amazon.com Inc. rose $6.61, or 8.7 percent, to $83.06. On Sunday Goldman Sachs added the online retailer to its Americas Conviction Buy list, a group of preferred stocks.

Shares of CH Robinson Worldwide Inc. jumped $3.06, or 4.8 percent, to $67.19.

Shares of Chinese Internet portal Baidu.com Inc. gained $15.99, or 4.4 percent, to $380.58

On the losing side, shares of Garmin Ltd. slipped $1.57, or 3.1 percent, to $48.45. An analyst downgraded the personal navigation device maker Monday to "Hold" from "Buy."

Shares of Petsmart Inc. fell 73 cents, or 3 percent, to $23.61.

Shares of Logitech International SA shed 61 cents to $31.49.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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