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TiVo stock is skyrocketing after reports it’s selling itself

Bob Bryan
Updated

Shares of TiVo are skyrocketing on a report that the company is in talks to sell its business.

According to the New York Times, TiVo is in talks with TV patent holder Rovi Corp to acquire its business.

The stock skyrocketed nearly 18% at the market open on the news.

Screen Shot 2016 03 24 at 9.35.10 AM
Screen Shot 2016 03 24 at 9.35.10 AM

Google Finance

More to come…

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The post TiVo stock is skyrocketing after reports it’s selling itself appeared first on Business Insider.