Sunday, 27 December 2009

ACOM (Ancestry.com) climbs

While the issue price for ACOM in early November was $13.50 a range of a dollar either side was initially considered as fair value.

ACOM closed off the shortened trading week by breaking above that range, closing at $14.61 on Thursday having traded as high at $$14.69. Trading was light ahead of the holiday.

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