Does URL Shortening affect Page Ranking?

Posted by rc on Stack Overflow See other posts from Stack Overflow or by rc
Published on 2009-04-08T06:29:14Z Indexed on 2010/05/28 6:51 UTC
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Recently there has been a lot of hype about URL Shortening. I guess some URL Shortening services even offer tracking stats. But, doesn't adding one more level of look-up to the original URL affect page ranking in any way? Just curious to know.

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