AOL Rises on Fee Hike

AOL-Time Warner (AOL Quote - Cramer on AOL - Stock Picks) was up 1.8% after the company said it would raise the monthly fee for its AOL online access service, the first increase in three years.

AOL unlimited access will rise to $23.90 from $21.95 in July the company said. Prices for other options will not change.

Competitors' stocks benefited from the news, with EarthLink (ELNK Quote - Cramer on ELNK - Stock Picks), the No. 2 ISP, up 9.4%, and Prodigy (PRGY Quote - Cramer on PRGY - Stock Picks) up 12.4%.