29 Nov '13, 11pm

Bitcoin, Schmitcoin -- Tech Stocks Also on a Frothy Run

Bitcoin, Schmitcoin -- Tech Stocks Also on a Frothy Run

While the stock market was only open a half-day today, it was still a solid one for Internet stocks as the market enters its final month of 2013. Most showed gains yesterday, with Apple, Amazon and Twitter all up almost two percent. But that does not tell the story of how well shares of tech companies have been doing throughout the year — most are up significantly, seeing big jumps. For the year-to-date, most well-known issues are up, including: LinkedIn, up more that 95 percent; Facebook, up over 76.5 percent; Yahoo, up 83 percent; Amazon, up 57 percent; Google, up close to 50 percent; and even perpetually stagnant Microsoft, up close to 43 percent. Apple lagged, up only 4.5 percent, and Twitter remains below its November IPO price, down 7.4 percent. Even suffering Groupon and Zynga did well, up more than 86 percent and 84 percent respectively. The past three months have ...

Full article: http://allthingsd.com/20131129/bitcoin-schmitcoin-tech-st...

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To Run or Not To Run That is the Question

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