AOL Stock Is Going On A Tear Today
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AOL stock is up 8% since the company reported its third quarter financial results this morning.
The results beat expectations.
The results marked three consecutive quarters of advertising revenue growth.
AOL improved margins in its brand advertising business.
Thanks to a recent $400 million acquisition, AOL is growing its business selling premium video ads for other publisher.
Investors like that AOL is finally cutting costs at Patch.
AOL's subscriber-base only shrank 7% during the quarter.
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