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Stocks Plunge on Limbaugh Pullout

In the fight over Rush Limbaugh’s recent remarks, who is really getting hurt? A number of advertisers have pulled out of Rush Limbaugh’s show in order to teach him a lesson about watching what he says on the air. As the charts below show, they are the ones who are getting a lesson.

Carbonite has been particularly outspoken against Limbaugh, and their stock price has dropped over 10% since they pulled their ads from his show. Several other sponsors have also done so. Of the publicly traded companies that have pulled out, there is a similar pattern; Carbonite, AOL, Citrix, and Select Comfort have all seen serious price drops in the last two days since last friday. Talk about cutting off your nose to spite your face.

Carbonite dropped from about $9.40 to $8.40:

AOL dropped from about $17.80 to $17.00:

Citrix dropped from about $75.50 to $71.80:

Select Comfort dropped from about $30.00 to $28.80:

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March 6, 2012 at 7:50 pm
  • March 9, 2012 at 12:54 pmTim G

    Wow, it seems all of the stocks that so called plunged after dropping Rush are up higher now then they were before they dropped him. HMMM wonder what that means?

  • March 8, 2012 at 2:47 pmMary B

    Wow, 3 days with 9 hours of air time and 56 insults and still people try to defend this woman hating man. Stock go down all the time and this quickly after the support of American women and family values has nothing to do with stock prices. Get a grip people, right is right and men cannot demean and demoralize women and not have repercussions. Rush is going to need all those Aspirin that he thinks women need to put between their legs to not appear lose. His Viagra and Oxycontin were paid for on his healthcare so what does that make him!!

  • March 7, 2012 at 4:24 pmmichelle

    @Kaitara- Obama’s Super Pac already returned the 1 mil from Bill Maher. That happened last week.

    • March 9, 2012 at 12:13 amGuyver

      Just did a web search. Unless you are just being sarcastic, you’re lying. If you are not being sarcastic, prove your point, post a link to the article (hint: there is none). If you are being sarcastic, good shot.

  • March 7, 2012 at 3:58 pmTim Gilmore

    Wow, a drop in the stock market because companies listen to their customers. Guess the messiah really does have an impact on everything in the USA. Guess we should bow to his highness… or better yet, people get out of the RUSH CULT! Maybe then we can have an honest debate on where we go from here.

  • March 7, 2012 at 3:57 pmJ. George

    I honestly do not care at all about the political issue here. I want Rush off the air because of what he said, not because he disagreed or voiced his opinion. In this country, if you have an opinion, you have the wonderful constitutional right to let it be heard, and I believe in that wholeheartedly. What I don’t believe in is a public figure setting an example that it is alright to use such language to degrade and publicly humiliate a woman for voicing her own opinion, which is exactly what Rush does on his show every day. He could’ve disagreed with her and discussed it in a respectful or at least a civil manner, but instead he decided to cross a line that no man should ever cross. And now, you all what us to forgive and forget and say it’s okay? People complain all the time about how music today is degrading and disrespectful towards women and how it is setting a bad example for the young men in this world. I agree with that, but I also believe it’s a bit hypocritical to say singers can’t do something but it’s fine when Rush does the exact same thing on a national radio station. It’s entirely possible to speak your mind in a mature and respectful manner. If you’re going to set the example that men can refer to women as sluts and prostitutes when they disagree and it’s completely acceptable, then you have no business being a public figure and a role model to the impressionable young men in this country. That is why what these companies are doing is the right thing to do. This isn’t about a political debate or the controversy over contraception. This is about the basic right of women in the United States to be treated with respect, and not to be verbally attacked in such a senseless and harmful manner. Everyone has the right to be free and the right to speak their mind, but you don’t have the right to attack someone simply because you don’t agree with them.

    And to those of you who would respond saying “he apologized”, you’re wrong. He attacked an innocent 30 year old law student who was a total stranger besides the opinions she expressed at a hearing, without any malicious intent. He continued to publicly attack her for three days. Then, after making a public apology for his words and actions, he continued to attack her for a fourth day. Is that how you want your young boys to grow up? To treat women the way Rush treated Sandra? Do you want your daughters to end up being treated the way Sandra has been treated? No. That’s not a world I would want to bring my children into, and it’s not a world I look forward to my nieces having to grow up in.

    • March 7, 2012 at 6:07 pmGet Real

      How, just how can you be a “30 year old Law student” and be innocent. It was almost 60• in the northeast today, please put on some clothes and come out of your mom basement and join the rest of the independent thinking people. We don’t bite…promise!

    • March 8, 2012 at 12:36 pmlf

      Would you please copy and post your comments concerning the ‘LEFT’ commentator’s use of “slut” “c*nt” and other like statements in reference to other women.

    • March 9, 2012 at 1:30 amGumbophile

      Typical. Claim you support freedom of speech then call for the silencing of someone who offends you. Here’s how it works. Tune your radio to a different station. Problem solved. I am sure you’ll link to your similar tirades and outrage when liberal public figures used the same terms and much worse against women. Oh, and your “innocent 30-yr-old” is a long-term activist who targeted Georgetown, enrolling there for the express purpose of publicly challenging their policy on contraception coverage. Thus, she too is “a public figure.”

    • March 9, 2012 at 4:38 amNo bs

      Get a life you clueless clown.
      If you weren’t so busy sipping Soma, you’d have bothered to see that the entire ‘testimony’ by that daughter of deceit was a Far Left set up as is every aspect od the DemoFascist Party.
      Rush was right in calling her exactly what she is, someone who sells herself for the cause of Marxist evil and the desire to avoid any responsibility for protecting unborn life under the immoral lie of ‘choice’.
      The Left IS the tyranny of Intolerance and your invective against Limbaugh completely forgets where the vitriol lives, on the Left in the hearts of the Demons that are the Left.
      Where was your sanctimonious preaching when Sarah Palin was called a whore, you phony hypocrite? Where was your outrage when she was called a prostitute, a liar and stupid?
      Your silence on the hatred by the Left shows your outrage is outrageous and that your arguments are as phony as Obamas birth certificate and Selective Service card, both of which your outrage, amounting to a felonious usurping illegal alien, who now illegal ‘Occupies’ the WH, is nowhere.
      So while your desire is to ‘purify’ the airwaves from someone who is really exposing thenLefts lying agenda, you show your disdain for a real crime, that of your traitorous complicity in supporting a Manchurian Marxist who is destroying your country and you are either too stupid or incapable of seeing that you have just been swindled out of your country by the ‘pimp’ that has just ‘used your body and soul’ for his selfish, traitorous ends yet, about such, you cover your eyes & ears, close your mouth sit & silently on your hands and say and do nothing, like the three monkeys, while your country becomes under his Alinskyite plan, little more than a Marxist police state. Good job oh fool!

  • March 7, 2012 at 3:14 pmDebbies21

    The CEO of carbonite is an Obama donor.

  • March 7, 2012 at 11:18 amed g

    I had never heard of carbonite before it was advertised
    on Rush’s show. Now it seems it may not be very long
    before we don’t ever hear of this company at all.

  • March 7, 2012 at 1:59 amKaitara

    I am curious if the obama superpac, is going to return the $1 million dollar donation to them by bill maher, you know the guy, he is the one that called Sarah Palin a cun&, and her daughter Bristol a tw@t…which is much worse than anything obama said, and maher did not apologize and went on to ridicule and curse at more women and degrade them.

  • March 6, 2012 at 9:24 pmlorile L

    I myself are now going to do as they did , & will NOT do business with these companires , now or in the future . This speaks of their low caliber , & I choose to BOYCOTT them now !

  • March 6, 2012 at 8:39 pmStephen Russell

    any more EIB sponsors care for the “plunge”.
    Your Call, We the Consumers have spoken.

  • March 6, 2012 at 8:18 pmMark S

    I have no investments in any of those companies, but my stocks dropped the past two days … is the drop statistically significant compared to the market, similar companies?

    • March 7, 2012 at 10:02 amVeritas

      The market drop over the past two days was a shade over 1%, so the only one that is relatively close to proportional is Citrix. The correllation of the drop to the furvor is clear.
      It’s also interesting to me that the first to react and the most vocal reactors are the ones being hit hardest. Good move CEO’s, bet Soros told you this wouldn’t happen, didn’t he?

  • March 6, 2012 at 8:14 pmWilliam R. Smith

    time will tell….if their sales fall off in 30 days, you will know. Rush’s show reaches a large audience with listeners who do have money to spend.

    • March 7, 2012 at 2:34 amPaula Rhodes

      I wrote the companies that dropped their ads and mentioned that Rush’s listeners are the ones who buy their products. I checked to see if any of my stock could be linked to those companies & they weren’t. I did buy some stock from their competitors today-all prices were low. Also, I asked if I could be their new marketing director, the pay would be more than what I get now.

  • March 6, 2012 at 8:05 pmJames C. Barsz, MD


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