Just 10 months after starting trading at $15 a share, QuinStreet, the company that bought, Insurance.com, CarInsurance.com and Insure.com has hit an all time high of $23.40 a share today (current sitting right at $23) giving it a market cap of $1 Billion Dollars.
The stock is now up some 50% since it acquired CarInsurance.com in November for $49.5 million dollars.
We own shares in Quinstreet.
From every report I’ve read, this is a very well-run, forward-thinking, tight ship. Wish I had bought some a while ago 🙁
– TBC
They know their markets and they are very successful in them. They believe heavily in insurance. I do not believe their acquisition mode is over.
Hello Mike,
Institutional Investors off our bow approaching at warp speed ! The genie is out of the bottle.
Want to attract them! Copy our websites model!
Gratefully, Jeff Schneider (Contact Group)