Interactive Data Corp. (IDC) confirmed early Friday morning that its Board of Directors is currently conducting a preliminary review of strategic alternatives for the company.
Interactive Data Corp. gapped open sharply higher Friday and climbed during the first half hour of trade. The stock took out the highs of the day going into the close and finished up by 3.60 at $29.07, with volume at over a 6-month high. Shares surged past resistance and set a new high for the year.
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