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Angie's List (ANGI) in Focus: Stock Moves 11.8% Higher

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Angie's List, Inc. (ANGI - Free Report) was a big mover last session, as the company saw its shares rise roughly 12% on the day. The stock moved up after the company’s second quarter 2016 profits beat expectations. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.37 to $7.60 over the past one month time frame.

None of the estimates for this Internet content stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Angie's List sports a Zacks Rank #1 (Strong Buy).

Investors interested in the same space may also consider Brightcove Inc. (BCOV - Free Report) , carrying a Zacks Rank #1.

Is ANGI going up? Or down? Predict to see what others think: Up or Down

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