What Has Investors so Excited Over Angie's List?

For the second consecutive earnings report the stock of Angie’s List (NASDAQ: ANGI) has soared over 30%. Is this due to irrational exuberance or a change of fundamentals at the company?

Angie’s List provides a web service that allows paid users the opportunity to find service providers recommended by the community. The company now has nearly 2 million users and spends a large percentage of revenue on sales more »

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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