QuinStreet Hits $1 Billion Dollars In Market Cap

2011 January 12
by Michael H. Berkens

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.

3 Responses leave one →
  1. 2011 January 12

    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

  2. 2011 January 12

    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.

  3. 2011 January 12

    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)

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