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Why Vimeo Stock Tanked Today

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Why Vimeo Stock Tanked Today

06 Aug Stock Analysis

What happened
Shares of Vimeo(NASDAQ:VMEO) were tumbling on Friday after the company reported disappointing second-quarter earnings. The recent spin-off from IAC/InterActivCorp was down as much as 17.1% on the news. As of 1:01 p.m. EDT, the stock was down…

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