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Angie's List Gets Boost on Tech M&A: Tuesday's Chart of the Day

TheStreet

Angie's List has had a rough go of it since the company's IPO: shares are down more than 50 percent over the last 12 months and nearly 20 percent in 2014. Some analysts are wondering if the stock has hit a bottom, and, last week, on news Opentable would be acquired by Priceline, the company's stock was among a group that saw shares rise. With earnings on the way -- and no clear path to M&A, unlike other potential targets -- shares fell again on Monday. Angie's List has posted losses two out of the last three quarters, but an acquirer could boost today's Chart of the Day.