USA TODAY – Mar 6 – Spark Networks fizzled 19% to $4.66 last week after the company said 2014 could be a tough year for ChristianMingle and JDate. Shares are down ~50% from its May 2013 peak of $9.25 a share. The company is in a proxy fight with hedge fund Osmium Partners, which has amassed a 14% stake in the company and is proposing a slate of directors and says the company needs better management.
by Gary Strauss
The full article was originally published at MarshfieldNewsHerald, but is no longer available.
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