AOL (AOL -5.2%) slides after announcing the launch of AOL HD, an app that will deliver...

|About: AOL Inc. (AOL)|By:, SA News Editor

AOL (AOL -5.2%) slides after announcing the launch of AOL HD, an app that will deliver high-definition video to users connected to certain TV platforms. Investors appear skeptical the app will bring success, and shares hit a 52-week low, underscoring Wall Street's suspicion that its February alliance with Huffington Post "has proven to be anything but a godsend."