Tuesday, 15 May 2012

Ancestry shares fall following WDYTYA cancellation

Just to remind you that Ancestry.com Inc is a stock market listed business, shares in the company, the parent body behind Ancestry.co.uk, fell by more than 13% yesterday in the United States. This followed the announcement that NBC had cancelled the US version of TV series Who Do You Think You Are after just 3 series. The full story is at www.businessweek.com/ap/2012-05/D9UOM44G2.htm. Shares are now trading at $22.69, compared to $45.79 just over a year ago, when they were at their peak.

Chris

British GENES on Facebook at www.facebook.com/BritishGENES and Twitter @chrismpaton

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