Dallas 1/6/2012 2:43:53 AM
News / Finance

Ancestry.com Shares Rally after Company Ends 2011 with 1.7 Million Paying Subscribers (ACOM)

Shares of Ancestry.com Inc. (NASDAQ: ACOM) are soaring in trading today after the Provo, Utah-based company announced that it ended the fourth quarter of 2011 with 1.703 million paying subscribers, well above its guidance.

Ancestry.com shares rose to an intra-day high of $27.47 in trading today. At last check, the stock was up more than 15% on above average volume. The rally pushed Ancestry.com shares above their 50-day moving average.

To get more information on Ancestry.com Inc. please click here