Demand Media Jumps 40% In Pre-Market
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Release time:2012-05-02
Browse:3782
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Following the story this weekend that Demand Media, Inc. (DMD) turned down an offer of $1.2 Billion dollars a 100% premium to its closing price of Friday, it looks like Demand is going to open Way up this morning.
In pre-market trading shares of Demand are up almost 40% currently at $9.95 a gain of $2.70 from Friday’s close.
We will let you know later today how the stock fared.
Source from http://www.thedomains.com/
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