7:59 am Angie's List Said to Be Considering Strategic Alternatives
Shares of Angie's List (ANGI 7.69, +1.32) are trading 21% higher in pre-market action on no news -- well, no confirmed news that is. According to the Financial Times, the company is exploring strategic alternatives that include a sale of the company.
The FT article has been acknowledged by other media outlets and it has even played a role in Northland Capital upgrading the stock today to Market Perform from Underperform.
As an aside, the underperformance of ANGI has been an understatement. Shares of ANGI are …More