Newness causes nerves

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After a second Neuer Markt-listed technology company filed for insolvency the first week of November...

After a second Neuer Markt-listed technology company filed for insolvency the first week of November, investors say they're getting ready to ditch shares in businesses showing signs of a similar fate. Software maker Teamwork Information Management AG sought protection from creditors on Friday, two days after a Frankfurt court opened bankruptcy proceedings against Gigabell AG, an Internet company that sold most of its units to a Finnish company. The 323 companies on the Neuer Markt have a combined market value of f165bn ($141.5bn), less than a fifth of Germany's benchmark DAX Index. The co...

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