TN/TK stock prices

[womet]

I was telling DH about the open letter from Knot Michelle, and he looked online at their stock prices. It looks like they took a hit on Monday. www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1337088070287&chddm=2297&chls=IntervalBasedLine&q=NYSE:XOXO&ntsp=0

[wise_rita]

Am I the only one who finds it really gag worthy that their stock name is XOXO?

[lishie]

Their stock is XOXO? That's ridiculous! Oh, we're a wedding website, so we're going to go all lovey-dovey when we go public. gag!

[ilikedonuts]

This is actually really hilarious!

[Deleted]

XOXO pays well.

www.reuters.com/finance/stocks/companyOfficers?symbol=XOXO.K&WTmodLOC=C4-Officers-5

[y4m]

Whoa--linked from there, the Motley Fool covering the board change and exodus.

www.dailyfinance.com/2012/05/14/buy-sell-hold-xo-group/

Hold
Online advertising is the major revenue generator for this company -- accounting for 73% of the company's overall sales -- which means it needs to constantly invest money to keep its brands (TheKnot.com, TheNest.com, and WeddingChannel.com, just to name a few) fresh and relevant. Historically, it's done a great job at this, but a recent format switch in the online message boards may have gone overboard.
Last week the company unveiled the new look in part of its online community at TheNest.com, and the site's daily page views have dropped more than 40% since then. Users jumped ship to create a new community filled with replicas of the old site's message boards.
While it's likely that this will pan out similar to a Facebook format change and users will return, it's definitely something investors should be watching, as it could potentially have long-term effects if the company has tarnished its brand reputation at all.

[Deleted]

May 15, 2012 8:39:23 GMT -5 y4m said:

Whoa--linked from there, the Motley Fool covering the board change and exodus.

www.dailyfinance.com/2012/05/14/buy-sell-hold-xo-group/

Hold
Online advertising is the major revenue generator for this company -- accounting for 73% of the company's overall sales -- which means it needs to constantly invest money to keep its brands (TheKnot.com, TheNest.com, and WeddingChannel.com, just to name a few) fresh and relevant. Historically, it's done a great job at this, but a recent format switch in the online message boards may have gone overboard.
Last week the company unveiled the new look in part of its online community at TheNest.com, and the site's daily page views have dropped more than 40% since then. Users jumped ship to create a new community filled with replicas of the old site's message boards.
While it's likely that this will pan out similar to a Facebook format change and users will return, it's definitely something investors should be watching, as it could potentially have long-term effects if the company has tarnished its brand reputation at all.

WOW.

[Ashley&Scott]

The Exodus made the news!!

[womet]

I think it it unlikely that we will be returning, so they will see a dip in their ad revenue until more brides can populate TN.

[y4m]

Their share price has dropped $.40 since last Weds. Am I reading this right that they have 26.5M shares, so losing $.40 per share is a loss of $10M+ in value?

[laurasean]

Uh oh, don't a bunch of nasties own stock?

[smock]

May 15, 2012 8:39:23 GMT -5 y4m said:

Whoa--linked from there, the Motley Fool covering the board change and exodus.

www.dailyfinance.com/2012/05/14/buy-sell-hold-xo-group/

Hold
Online advertising is the major revenue generator for this company -- accounting for 73% of the company's overall sales -- which means it needs to constantly invest money to keep its brands (TheKnot.com, TheNest.com, and WeddingChannel.com, just to name a few) fresh and relevant. Historically, it's done a great job at this, but a recent format switch in the online message boards may have gone overboard.
Last week the company unveiled the new look in part of its online community at TheNest.com, and the site's daily page views have dropped more than 40% since then. Users jumped ship to create a new community filled with replicas of the old site's message boards.
While it's likely that this will pan out similar to a Facebook format change and users will return, it's definitely something investors should be watching, as it could potentially have long-term effects if the company has tarnished its brand reputation at all.

Call up Wikipedia! We have a source!

[kershnic]

May 15, 2012 8:47:22 GMT -5 y4m said:

Their share price has dropped $.40 since last Weds. Am I reading this right that they have 26.5M shares, so losing $.40 per share is a loss of $10M+ in value?

Something like that. But the stock market overall hasn't exactly been thriving over the last few days.

[sillygoosegirl]

Maybe we should all buy some stock while it's down and then return...

[barefootcontessa]

last week I thought about shorting the stock but never got around to it. I am surprised the market picked up this quickly on the exodus.

[LoveTrains1]

May 15, 2012 8:28:06 GMT -5 lishie said:

Their stock is XOXO? That's ridiculous! Oh, we're a wedding website, so we're going to go all lovey-dovey when we go public. gag!

That is actually the name of the parent company of the knot, the nest, the bump, etc. I believe it is called XOXO group.

[spiderspray]

Wow. I'll admit, I really expected this to hardly be a hiccup for TN. Looks like I was off by a bit.

And LOL at the suggestion to buy stock now and then all go back to TN.

[sm12]

May 15, 2012 8:49:52 GMT -5 smock said:

May 15, 2012 8:39:23 GMT -5 y4m said:

Whoa--linked from there, the Motley Fool covering the board change and exodus.

www.dailyfinance.com/2012/05/14/buy-sell-hold-xo-group/

Call up Wikipedia! We have a source!

:Y:

[CloudBee]

Thanks for posting!

[CloudBee]

I could really see someone losing their job now. That sucks.

[CloudBee]

I am still clicking on posts on MM, and see nothing once they open.

[Deleted]

I visited TN yesterday and it feels like a ghost town.

[SallyJ]

Everything was down, not just XOXO. Check S&P index, the pattern is similar. However it I don't think it will be long before there is an impact on their stock given the news coverage and that it has been posted on yahoo finance message boards.

It's amazing the traffic change posted on alexa.com for thenest.com and the uptick in traffic for proboards.

[soozy87]

Yeah, everything was down on Monday. Hate to break it to you....