After lowering its 21-year-old paywall July 13, home-services giant Angie's List Inc. is on a mission to capitalize on the millions of unique web visitors previously turned away by its “members only” barrier.
Angie's list remains down 10% so far in 2016. So what: July's rally was sparked by evidence of a growth rebound. In early June, Angie's List removed its home-services review paywall in hopes of generating better engagement from a larger pool of users.
Angie's List Inc. ANGI, -1.16% said Wednesday that it had a first-quarter 2016 net loss of $4 million, or 7 cents per share, compared with net income of $4.4 million, or 7 cents per share, for the same period last year.
This is a proprietary risk rating for the next 30-days built by Capital Market Laboratories (CMLviz) based on a large number of interactions of data points, many of which come directly from the option market for Angie's List Inc (NASDAQ:ANGI) . We also ...