SaaS 20 Stock Index Slides 1.75% for the Week

MSPmentor’s SaaS 20 Stock Index, which tracks the software as a service industry, slid 1.75 percent for the week ended June 20, 2008. But that’s not so bad, considering the Dow slipped 4 percent on the week and hit a 3-month low.

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Introduction: The SaaS 20 Stock Index

I enjoy Wall Street, blogging and the high-tech industry. With those three factors in mind, MSPmentor has launched the SaaS 20 Stock Index. It includes 20 companies focused on the software as a service (SaaS) industry.

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