Short Take: Shopping.com stock rebounds
Shopping.com stock rebounded after the company said it is "moving ahead per plan" with its business plan. The company said that its fourth-quarter sales exceeded $400,000, and that sales continue to increase in the first quarter. Shares skidded more than 30 percent yesterday after a brokerage firm said it no longer would be a market maker in the stock.
Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
stock rebounded after
the company said it is "moving ahead per plan" with its business plan. The
company said that its fourth-quarter sales exceeded $400,000, and that
sales continue to increase in the first quarter. Shares skidded more than
30 percent yesterday after a brokerage firm said it no longer would be a
market maker in the stock.