Today Demand Media stock took a “kamikaze dive” of more than 10% – bringing the “mass developed content” company’s stock down to $17.33 a share.
That’s a dangerous drop in stock value for the company that had an IPO just three months ago.
Meanwhile, Demand Media announced that the Google Panda 2.0 global release had little effect on the eHow traffic, however as we revealed last week that’s pretty inaccurate.
As Rick Schwartz says, numbers don’t lie.
