Vocus' Stock Price Drops After iContact Purchase

After it announced last week that it had acquired email/social media marketing tool iContact for $169 million, Vocus’ stock took a steep fall, going from more than $22 on February 28 to about $14 on the 29th. The Motley Fool offered up a reason for the decline: “Not only is that a massive acquisition for a company of Vocus’ size, but shareholders also may have thought it a high price for a company that’s expected to reduce Vocus’ 2012 earnings.