Strong home remodeling demand and a major merger integration has sent ANGI Homeservices (ANGI) shares through the roof.
The company -- a combination of the merged Angie's List and Homeservices -- has seen its stock skyrocket 94% year to date. Second quarter sales spiked 64% from the prior year with adjusted operating profits up a cool 347%.
ANGI Homeservices CEO Chris Terrill tells TheStreet sales continue to be strong, despite a slowdown in new home sales. Terrill also said the company is hunting for an acquisition.
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