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Stock Market & Financial Investment News

News Breaks
February 14, 2013
09:44 EDTANGIAngie's List gaps up, spokes high, after earnings beat
The shares are up over 27% at time of writing, following an earnings beat last night. The company reported a gain of 4 cents per share, versus expectations of a 2 cent loss. There was a very large short-base coming into earnings of over 16 days to cover, providing a setup for a short-squeeze. At the current price of $17.70, next resistance is at $18.38. Support is at $17.
News For ANGI From The Last 14 Days
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August 22, 2014
11:24 EDTANGIAngie's List reduces salesforce by 97 employees
Angie’s List disclosed in a regulatory filing that it reduced its salesforce by 97 employees as part of its "focus on improving salesforce performance and productivity." It added, "The reduction in headcount will affect most units within the sales organization, with the largest percentage reduction coming from the BigDeal sales team. In addition, the Company will implement new performance-based measurements in its sales organization to better align salesforce objectives with its strategy. Angie’s List expects to add resources to its salesforce over time to support growth in both advertising and e-commerce revenue."

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