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Wall Street Beat: Internet stocks under the gun

Marc Ferranti | May 5, 2014
Twitter, LinkedIn and eBay quarterly earnings show what Internet companies are up against.

Company shares declined from $54.54 to $51.83 the day after the earnings report. Though shares recovered somewhat Friday afternoon, trading at $52.29, the uptick was still not enough to completely recover from Wednesday's decline — the biggest drop in the price of the shares since last July,

In the Internet arena, it appears that while you can spend money to expand your business, any sign of slowing growth will be punished.

 

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