AOL comes out of the crisis and is rapidly gaining momentum

Honestly, before, reading the news about the constant problems of AOL, I was unpleasant that this company, which has done so much for the Internet, as we know it, is in permanent crisis. The change of leadership, initiated back in 2009, led to the fact that Tim Armstrong became the head of the company. He promised to take the company out of the crisis, and it seems he did it. This year the company showed itself as well as possible.

First, the company still became profitable. Secondly, its shares went up (over the last year by as much as 180 percent). Third, AOL's capitalization has already reached $ 4 billion. Of course, all these milestones of success are interrelated, but it is clear that the company was able to cope with many troubles.
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Now AOL is the owner of many well-known sites, including The Huffington Post, TechCrunch, Autoblog, plus still owns the rights to the once extremely popular Winamp media combine. Since January of this year, the AOL stock price has risen 189%, which is very, very good. For such a relatively short period of time, a few companies have shown the same growth (lately).

AOL's net profit in the third quarter was about $ 20 million, although AOL was unprofitable a year ago. Of course, this factor alone influenced investors, and they began to buy up the company's shares very, very actively. November 6, that is, yesterday, the growth of AOL shares was 22%.

In general, it's nice to see that this company, which can be considered one of the founders of the modern World Wide Web, continues to evolve. Perhaps the change in leadership will have a positive effect on Yahoo! .. Here is Marissa Meyer, a former top manager of Google Inc., at the helm now.

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