AOL Removal Of Patch ‘Distraction’ Spurs Upgrade

By | January 16, 2014

Scalper1 News

AOL’s (AOL) announcement that it will loosen its financial ties to flailing local online news network Patch earned praise on Wall Street, including an upgrade from CRT Capital, sending the stock to a new high on Thursday. AOL stock was up more than 7% in afternoon trading in the stock market today, near 50.70, hitting a record high for the second day this week. CRT analyst Neil Doshi on Thursday upped his rating to buy from “fair value,” or hold, Scalper1 News

Scalper1 News