CHART OF THE DAY: Investors Run Away From Demand Media (DMD)
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 assure spooked investors.

Follow the Chart Of The Day on Twitter: @chartoftheday
For the latest tech news, visit SAI: Silicon Alley Insider. Follow us on Twitter and Facebook.
Join the conversation about this story »
See Also:
- CHART OF THE DAY: The iPhone Is Now Half Of Apple's Business
- CHART OF THE DAY: What People Care About When Buying A Smartphone
- If You Include iPods And iPads, Apple's iOS Is Still Clobbering Android -- For Now
Source: http://feedproxy.google.com/~r/businessinsider/~3/SKN6B_p3xg0/chart-of-the-day-demand-media-2011-4
family credit counseling federal debt consolidation freedom debt relief scam get debt help