Stock Market Alert - JOBS had a big day on Thursday, trading up over 18% to close the regular session at $16.91 after the company announced that it was going to be raising its Q1 revenue outlook due to increased market demand. Volume was quite heavy on the news, with over 500k shares of the stock changing hands, compared to a normal daily average volume of just over 116k shares traded. Should the company continue to see strong demand for their product, then 2007 should be a very strong year and I would expect that analyst earnings expectations will be raised throughout the year.
Technorati Tags: jobs
Sorry, the comment form is closed at this time.