KARMA. It’s a bitch…

The Daily Caller:

On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”:

Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.

However, it hasn’t done much to contribute to his company’s stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.

By Radiopatriot

Former Talk Radio Host, TV reporter/anchor, Aerospace Public Relations Mgr, Newspaper Columnist, Political Activist Twitter.com/RadioPatriot * Telegram/Radiopatriot * Telegram/Andrea Shea King Gettr/radiopatriot * TRUTHsocial/Radiopatriot

3 comments

  1. Yeah, that Karma thing–nice to see it come back to bite obsequious, acquiescent,
    mincing tools like the suits at Carbonite!! Where is the manufactured & ramped
    up outrage & angst over all the horrible things said every single day by numerous
    so-called liberal media outlet pundits & mouthpieces that are never addressed,
    simply by virtue of the fact that they are aimed at the other side of the aisle!! I
    guess diversity is only applauded & promoted when it doesn’t cover diversity of
    thought, ideology or principle, right? LOL

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