- Angie's List (NASDAQ:ANGI) has built on the morning's post-earnings gains, now +55.8% to its highest price since October.
- Well over 21M shares have changed hands -- getting close to 30x average daily volume.
- As the company fights declining revenue per paid membership (just $12.70 for its post-2010 cohort), and points to progress moving to a marketplace model, not everyone is convinced: Shawn Milne of Janney maintained a Neutral rating (price target of $8) and said he's "taking a wait and see approach at this point."
- ANGI shares are currently trading at $7.56.
- Previously: Angie's List rockets 30% on earnings surprise, guidance (Feb. 18 2015)