Premarket Alert: IncrediMail (MAIL)

Posted in General 
July 1st, 2009

IncrediMail Ltd. (Nasdaq: MAIL) shares are up 8 percent on a premarket volume spike after the company said it’s reached a deal to use Google Inc.’s (Nasdaq: GOOG) Adsense advertising platform for two additional years.

The Israeli company’s stock had risen nearly 18 percent in trading in Tel Aviv.

The platform allows the company monetize advertising revenue; about 70 percent of IncrediMail’s ales are derived from search advertising.  – Mike Tarsala

Comments are closed

-->