Posted in General 
November 13th, 2006

SkillSoft Shares Gain as Volume Surges 1100%

Shares of SkillSoft PLC (SKIL) jumped more than 3% on Monday as volume spiked more than 1100% above the stock’s 3-month daily average, with over 3 million shares trading hand.

There were no news releases or other significant events that could be detected.

SkillSoft provides e-learning content and technology products for business and information technology (IT) professionals worldwide.

The company’s revenue and profit numbers have been increasing year after year for the last 3 years. It holds almost $100 million in cash and equivalents, with no debt!

The company’s stock closed at $5.70, 16.91% away from its 52 week high of $6.86.

SkillSoft has made VSI’s Watch List.

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