UPDATE: Rumor of Multiple Bidders: MKM Analyst on Tues. Said, ‘We think ANGI could be an attractive asset for a strategic investor/ acquirer from a tangential space’
Shares of Angie’s List, the marketplace for local plumbers and other tradesmen, spiked hard Wednesday afternoon and triggered a circut breaker that halted shares of ANGI intraday.
No news on the wires yet regarding what caused the spike.
At 2:18:51 pm shares resumed trading and are holding onto the gains of the initial spike so far.
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