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Why Angi Stock Just Popped 9%

TheMotleyFool

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Angie's List stock -- now known as Angi (NASDAQ: ANGI), a subsidiary of IAC/InterActiveCorp (NASDAQ: IAC) -- took off like a rocket this morning, rising 8.7% through 10:45 a.m. EDT and helping to pull up shares of its parent company about 1%.

It took some hunting around, but I think I know why now.

Image source: Getty Images.

Source Fool.com

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