AOL shares skyrocket thanks to patent deal with Microsoft

Source.

Originally Posted by Neowin

Microsoft's move to purchase 800 patents from AOL today for just over $1 billion has received Wall Street's stamp of approval, as least as far as AOL is concerned. The stock price for AOL has surged up over 43 percent as of this news post. The overall stock market is down for the day and Microsoft's stock price is down close to one percent as of this writing.

Read more: http://www.neowin.net/news/aol-share...with-microsoft