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AOL Makes The Hot Young Tech Companies Look Pathetic
Jay Yarow | Jun. 13, 2012, 11:38 AM |
AOL has long been considered a has-been in the tech world, getting surpassed by hot young things like Groupon, Zynga and Facebook.
But, if you had a chance to buy a share in any one of these companies at the start of the year, your best investment would have been AOL. And, as you can see in this chart, it's not even close.
Year to date, AOL is up 82%. Zynga is down 44%. Groupon is down 48%. Facebook is down 28%.
This is the great thing about being a public company. You can't hide. The market sees what you're doing and it renders a judgement.
Amazingly, in 2012, the market thinks AOL is a better company than Facebook, Zynga, or Groupon.
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AOL is an American global Internet services and media company. The Web company was started in 1985 as Quantum Computer Services (from the formerly defunct startup Control Video Corporation), offering an online service called... More »
Facebook is one of the largest websites in the world, with more than 500 million monthly users. The site was started in 2004 by founder and CEO Mark Zuckerberg when he was an undergraduate student at Harvard. Facebook became a... More »
Groupon is a deal-of-the-day website that is localized to major markets in the United States and Canada. Launched in November 2008, the first market for Groupon was Chicago, followed soon thereafter by Boston and New York City... More »
Social games maker Zynga develops browser-based games that work both stand-alone and as application widgets on social networking websites such as Facebook. Its games include FarmVille, Mafia Wars, Zynga Poker, YoVille... More »
Jay Yarow is a Senior Editor at The Business Insider