-
Why Doesn’t Obama Ban Iranian Press TV? by Kenneth R. Timmerman
The Case of CH2M HILL: $2 Billion in Crony Stimulation by Rusty Weiss
The Truth about George Soros by AIM Staff
Lifting the Veil on WikiLeaks by AIM Staff
The Truth about Al-Jazeera English by Cliff Kincaid
Reaganomics and Obamanomics in the Media and in Reality by Malcolm A. Kline, Don Irvine and Spencer Irvine
How State Budget Battles Could Mean More Criminals Back on the Streets by Michael Tremoglie
Radical Muslims, Environmentalists and the Green Jihad by Mark Musser
Russian-Backed Propaganda Networks Claim Obama is a CIA Agent by Cliff Kincaid
Media Conceal True Nature of Flash Mob Racial Violence by John T. Bennett
NBC’s Mitchell Should Resign Over Telling Gaddafi’s Lies (Part 1, Part 2, Part 3) by Cliff Kincaid
CASA de Maryland: The Illegals’ ACORN by James Simpson
Special Report
The Newswire
Take AIM Podcast
The HuffPo Effect: AOL Stock Hits All-Time Low
AOL stock nosedived by more than 25% yesterday after the company released earnings that fell short of Wall Street’s expectations.
The earnings reflected the first full quarter since the company purchased the Huffington Post earlier this year, which has failed to provide any of the synergy that AOL stockholders were promised when the deal was first announced.
Just a few months ago Huffington touted AOL stock in a tweet speculating that the best was yet to come.
Instead, the stock has fallen 44% since the deal was announced and is now off 53% for the year — far underperforming the market as a whole.
One quarter may not tell the whole story but the initial results are not encouraging. With the stock at $11 it could still fall further, if AOL can’t stop the bleeding soon.
For Huffington it won’t matter that much what happens to the company, as she and her investors were paid $300 million in cash and just $15 million in stock, leaving her with little incentive beyond pride to make sure the combined company is a success.
Share This
About the author
Don Irvine is Chairman of Accuracy in Media. He is active on Facebook and Twitter. You can follow him @donirvine to read his latest thoughts.
Unless it’s an Initial Public Offering … or an additional stock offering by the company … who … besides a stockholder … really cares what any particular stock price is doing? It certainly doesn’t directly matter to AOL or Huffington Post, per se, in terms of their operations or their bottomline.