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Opening Glance: Most Internet software, services stocks gain

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April 30, 2008

NEW YORK—Internet software and services stocks mostly rose Wednesday morning with the overall market in advance of the Federal Reserve's decision regarding interest rates.

The Fed is expected to lower its benchmark federal funds rate by a quarter point to 2 percent.

Here is a look at how key Internet software and services companies performed Wednesday morning:

Google Inc. rose $12.47, or 2.2 percent, to $570.94.

Yahoo Inc. fell 43 cents to $26.93.

EBay Inc. rose 22 cents to $31.30.

VeriSign Inc. rose 4 cents to $36.26.

Akamai Technologies Inc. rose 18 cents to $35.81.

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 This material may not be published, broadcast, rewritten, or redistributed.

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