Searchmetrics reported that RetailMeNot Inc. (Nasdaq: SALE) lost an estimated 33% of its traffic after Google Inc. (Nasdaq: GOOG) launched Panda 4.0. Shares of RetailMeNot plunged $5.01 to $26.02 while Google stock leaped $4.70 to $543.64.
RetailMeNot loses traffic
May 22, 2014 at 13:25 PM EDT
