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Investors flee Carbonite after Limbaugh announcement

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jodywy

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http://dailycaller.com/2012/03/06/investors-flee-carbonite-after-limbaugh-announcement/

On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”:

Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.

However, it hasn’t done much to contribute to his company’s stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.



Read more: http://dailycaller.com/2012/03/06/investors-flee-carbonite-after-limbaugh-announcement/#ixzz1oORt81ro
 

hopalong

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Yea but you can't believe much oldtimer says anyway!

Harassment on here??? Never any proof just his word!!!

Others laughing at us on here,,,never any proof just hs word!!!

$50.hay,,, all ads etc shown none,,,,but he said so!!!!

No ammo shortage,,,,,,,the rest of the county was screaming for it ,,but not oldtimer,
The list goes on and on and on about his lies! and truth manipulation :wink:
 

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