InfoSpace Zips Up 7.5% on Toshiba Pact
InfoSpace
(INSP) - Get Report
rose 7.5% in late trading after announcing a deal to provide Internet hosting and commerce services for
Toshiba's
TheStreet Recommends
network of small and medium businesses.
On Wednesday, InfoSpace, a supplier of Web content and tools, rose almost 37% after announcing that it will outline "improved financial guidance" next week.
The stock hit a 52-week low of $3.50 after announcing layoffs at the beginning of this week.
It has tanked from a 52-week high of $138.50.
