“Investors have been fleeing Demand Media since April 6th, as shown in this chart from Yahoo Finance.
April 6 is right around when Google implemented its latest search algorithm tweak, which has hammered Demand Media’s sites according to Hitwise data given to Forbes, as well as earlier data from SEO firm Sistrix.
Demand admitted its traffic had fallen off, but said it would still hit its stated financial goals. Obviously that wasn’t enough assurance for spooked investors.”
Source: Business Insider
owen frager said
Some of us tried to tell the world, as we often do when we have the power to see the future, but most need to take a big financial hit until they “get it.” To those “get it” “got it” GOOD!
http://fragerfactor.blogspot.com/2010/08/demand-media-s-1-dottv-emperor-has-no.html
Domain Lords said
Funny, we saw most of our sites and our clients JUMP usually to #1 with the new tweak. LOL
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