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AOL Stock Is Going On A Tear Today

Nicholas CarlsonNov 5, 2013, 23:08 IST

Business Insider Video

AOL stock is up 8% since the company reported its third quarter financial results this morning.

Here's why:

The results beat expectations.
The results marked three consecutive quarters of advertising revenue growth.
AOL improved margins in its brand advertising business.
Thanks to a recent $400 million acquisition, AOL is growing its business selling premium video ads for other publisher.
Investors like that AOL is finally cutting costs at Patch.
AOL's subscriber-base only shrank 7% during the quarter.