Investors Flee Carbonite After Limbaugh Announcement

Hammer this company and the others who have sided with the left and Obama regime America. It’s not about Rush calling (and apologizing) Fluke a slut. It’s about our freedom and liberty which is being chipped away at an accelerated pace!

Counter Boycott every single advertiser and business that has bailed on Rush. If you hold stock in these companies please consider selling it off driving the value down!

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By Jeff Poor – 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 We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.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.