<< Read Full Article
<< Read Full Article
Updated from 5:32 p.m. EDT
Shares of DivX (DIVX Quote) surged 14% in extended trading Monday after the company named Kevin Hell chief executive and its quarterly profits beat estimates.
Hell's appointment was effective Oct. 31.
"DivX is a great company, and I believe we are in a strong position to emerge as the de facto standard for high-quality digital video across any device," Hell said in a statement. "I appreciate the vote of confidence from our board of directors, and I am excited to lead our team forward as we focus on three key market opportunities: growing our licensing business, launching our new DivX Connected platform, and expanding our content solutions." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,487.07 | 1,110.31 | 2,178.97 | 32.75 |
Oil *
79.33
|
|
UP
142.23
|
UP
14.68
|
UP
34.37
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.50
|
|
+1.37%
|
+1.34%
|
+1.60%
|
+2.31%
|
Data delayed 20 minutes |
Connect with TheStreet