It’s a sad day for content farm giant, Demand Media: its stock has reached the lowest point yet, lower than its IPO price.
The primary reason: confirmation by Experian Hitwise that eHow and other Demand Media web sites lost more than 40% of their Google-originating traffic since the beginning of the year – all thanks to the so-called Panda 2.0 release by Google.
In an ironic match, today’s drop of the Demand Media stock represents a 40% drop since the January IPO.
Surely, tough times for so-called “content farms” and Demand Media is taking constant blows.
