NEW YORK (TheStreet) -- America Online (AOL) doing its best Internet bubble reprise, trading down hard in recent days, down as much as 40% from 2014 highs set in early January, signaling a return of volatility to the space.
When presented against a chart of investor sentiment as measured on StockTwits, this price action isn't too surprising. Investors had been overwhelming bullish on the stock heading into yesterday's earnings report, and appear to have been blindsided by the numbers and guidance, resulting in an emotional reaction.
$YHOO Marissa can always lay some of that new found wood and grab $AOL on the cheapo, Arianna gets a double dip #dialup4ever ? joe donohue (@upsidetrader) May. 7 at 08:11 PMShould get interesting over the next few weeks as investors continue to digest this move and its implications on the bigger picture for AOL and its place in Web 2.0. Follow me on StockTwits: @chicagosean This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.
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