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Carbonite's stock drops 12% after dropping ads from Rush Limbaugh's show
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Topic: Carbonite's stock drops 12% after dropping ads from Rush Limbaugh's show (Read 331 times)
MCWAY
Getbig V
Posts: 19338
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Carbonite's stock drops 12% after dropping ads from Rush Limbaugh's show
«
on:
March 06, 2012, 09:07:08 PM »
You know what they say: If it don't make dollars, it don't make sense. Losing $$$$$ to appease left-winged hypocritical screwballs (BTW, Carbonite still advertises on Ed Schultz's show).
Investors flee Carbonite after Limbaugh announcement
On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”:
Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.
However, it hasn’t done much to contribute to his company’s stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.
Read more:
http://dailycaller.com/2012/03/06/investors-flee-carbonite-after-limbaugh-announcement/#ixzz1oP8jWcqh
http://dailycaller.com/2012/03/06/investors-flee-carbonite-after-limbaugh-announcement/
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Soul Crusher
Competitors
Getbig V
Posts: 41759
Doesnt lie about lifting.
Re: Carbonite's stock drops 12% after dropping ads from Rush Limbaugh's show
«
Reply #1 on:
March 06, 2012, 09:13:06 PM »
Lol. On FR , everyone is ending their carbonite services. Good.
Screw these fair weather parasites. If not for Rush who would ever know of this company?
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blacken700
Getbig V
Posts: 11873
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Re: Carbonite's stock drops 12% after dropping ads from Rush Limbaugh's show
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Reply #2 on:
March 07, 2012, 06:09:19 AM »
their commercials are on tv all the time
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Carbonite's stock drops 12% after dropping ads from Rush Limbaugh's show