InfoSpace Inc. (INSP) reported first quarter adjusted net income of $0.70 per share after the close Wednesday, up from $0.20 per share last year. The company expects to report second quarter adjusted EPS of $0.40 to $0.44.
InfoSpace gapped up sharply Thursday and climbed steadily until mid-morning. The stock ended the day higher by 2.38 at $13.36 on the highest volume of the year. InfoSpace surged to a month and a half high and re-crossed its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.