Social Media Stocks Are All Getting Crushed
It's been a bloodbath for social media stocks today.
Twitter took a beating after insider's were allowed to sell shares for the first time since the IPO. And this weakness seems to have spread to other social media stocks.
Twitter however has been falling since it announced earnings last week.
Here's a quick round-up:
Twitter is down 16.6%
LinkedIn is down 6%
Facebook is down 3.6%
Yelp is down 11.5%
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