Which Stock Went Up 43 Percent Today?April 10, 2012 3:41 am
We have spotted some interesting one day stock moves in the past – we spotted this today:
“AOL said early Monday that it is selling hundreds of patents to Microsoft Corp. for more than $1 billion. The news sent shares of AOL surging.
AOL (AOL) agreed to sell more than 800 patents to Microsoft (MSFT, Fortune 500) for $1.1 billion in cash. AOL also granted a non-exclusive license to Microsoft for the rest of its patents.
Shares of AOL spiked 43% to close at $26.40.”
Statistics Source: CNN Money