Business
PurchasePro jumps on solid results
PurchasePro gained 15 percent Tuesday asanalysts sang the praises of thebusiness-to-business company's fourth quarter andsaid its critics can eat humble pie.PurchasePro shares lost more than 42 percent of theirvalue last week after Barron's questioned thecompany's business model and valuation andPrudential Securities downgraded the stock from"strong buy" to "accumulate.
PurchasePro shares lost more than 42 percent of their value last week after Barron's questioned the company's business model and valuation and Prudential Securities downgraded the stock from "strong buy" to "accumulate." Full story. -- Tiffany Kary, ZDNet Inter@ctive Investor