Two public companies in the domain space are in the news today
The story starts out:
“”I like to look back with a Grinch-like smile at the dumbest moves made during the past year in the world of tech.”
“As always, the competition in 2011 was intense. Here are 10 companies that deserve a big lump of coal in their stockings.”
In placing Demand Media in its top 10 story, the author says:
“”The purveyor of craptastic websites couldn’t make the poorly paid minions at its Demand Studios content farm happy, so it did the next best thing: sued them to stop them from complaining.”
“So far, DemandStudiosSucks.com is still standing, and Demand is still sucking. But Arianna must be happy — DM makes her Huffington Post look like the New York Times.”
On a completely different note, shares of Marchex hit an intraday trading 52 week low of $5.53 today before recovering to close at $5.67.
Its 52 week high is $10.87.
At today’s close Marchex has a market cap of just $212 Million.