Why Yes, All Those Chinese Internet Stocks Are Getting pummelled Again

joe chen renren
RenRen CEO Joe Chen

Of course, with today’s big selloff, those Chinese internet companies are all getting pummelled:

  • Sina: -4%
  • Renn -4.46%
  • Youku: -4.94%
  • Baidu:  -3.66%
  • DangDang: -3%

As for some other hot names:

  • LinkedIn: -8.55%
  • MolyCorp -1.7%
  • Apple -0.57%
  • NFLX: +0.33% (!)