Jupitermedia Stock Falls to Under $1

Jupitermedia, the parent company of stock photo agency Jupiter Images, saw its share price close today at $0.95 on the NASDAQ — a record low for the company. The last time the stock traded below $1 was in September 2001, when the stock briefly dipped to $0.96. At its peak in 1999 and 2000, Jupitermedia traded for over $60, and as recently as 2005 it was comfortably over $20. Here's a link to Jupiter's year-to-date chart on Yahoo! Finance.

Stocks were down overall on Monday, with the Dow falling below 10,000 for the first time since 2004.

Comments

[Steve]

What's up with JUPM? They had many years of continuous profits though the last few quarters have been losses.

It's obvious investors don't understand their business model. They should be able to monetize access to their vast photo libraries and turn a profit.

JUPM will come back. Now is a good time to buy.