Description: Fans of tech stocks and train wrecks got to combine their interests in 2012, as several high-profile companies endured an awful year: Shares of Facebook are off 31 percent, Zynga is down 73 percent, and Groupon is at negative 79 percent. Yahoo! struggled, Netflix fell, and even Apple had a rough stretch that lopped off a quarter of its value.
Date: Nov 29, 2012
Questions for Discussions:
- What is motivating recent hedge fund buying sited in the article?
- Do you think these stocks are wise choices for fund managers?
- Do you think these stocks represent “value-investing”?