Jupitermedia executives unloaded about 1.15 million of their company shares Friday, sending the stock price tumbling by as much as 14 percent. Alan Meckler, chairman and CEO, and Christopher Cardell, chief operating officer, of Jupitermedia executed a block trade through Piper Jaffray following the close of trading on Thursday. Nearly half the trade was made up of stock options that were exercised and sold. The stock fell $1.70, or 10.5 percent, to $14.61 on Friday. ...Read the whole story
Absolut unleashed a raspberry explosion today as the spirits brand launched a dynamic online presence for its newest flavored vodka-Absolut Raspberri. While Absolut is known for its innovative use of the Web, the brand outdoes itself this time by offering a site that's brimming with colorful, original art, Flash-based graphics and animation, and loaded with opportunities for user participation and involvement. ...Read the whole story
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