Angie’s List Downgraded After Q4 Miss; Stock Plunges

By | February 13, 2014

Scalper1 News

Online review service Angie’s List (ANGI) was hit by multiple downgrades and price-target cuts Thursday after its Q4 earnings missed estimates. Angie’s stock was down more than 16% in morning trading on the stock market today, near 14.30. Angie’s stock had hit a four-month high of 19.80 on Feb. 4. The company late Wednesday reported revenue of $68.8 billion, up 49% from the year-earlier quarter and slightly ahead of consensus. EBITDA (earnings Scalper1 News

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