Why ANGI Homeservices Stock Popped Today

Shares of ANGI Homeservices (NASDAQ: ANGI) were moving higher again today as investors reacted to a report showing a strong rebound in the services sector in June. That news seems to confirm that spending in categories like home improvement is recovering quickly following the shutdowns this spring. 

As a result, ANGI Homeservices closed up 11.3%, which followed strong gains last week as well.

Image source: Getty Images.

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Source Fool.com