The Federal Reserve Chief Just Poured Cold Water On Social Media Valuations - Presented by: The Aol. On Network

Janet Yellen, the chairwoman of the Federal Reserve, just poured cold water on the social media sector. Ahead of her appearance before the Senate Banking Committee on Tuesday, Yellen released the Fed's semi-annual Monetary Policy Report. Twenty pages into the report, Yellen spares a few words to address the issue of tech valuations. She writes, "[V]aluation metrics in some sectors do appear substantially stretched.



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Company Last Sale Change Net / %
BAC $ 16.74 0.24 ▲ 1.45%
KORS $ 45.93 14.66 ▼ 24.20%
BRCM $ 57.155 10.24 ▲ 21.81%
AAPL $ 132.045 2.43 ▲ 1.87%
FTR $ 5.28 0.36 ▲ 7.32%
ABBV $ 67.38 1.28 ▲ 1.94%
T $ 34.95 0.28 ▲ 0.81%
PBR $ 8.60 0.09 ▲ 1.06%

As of 5/27/2015, 04:15 PM