Mamma.com (MAMA) Continues Recent Move
Mamma.com Inc. (Nasdaq: MAMA) is continuing last week's momentum despite word Mark Cuban denied rumors he was buying a position in the company again after selling out in 2004.
According to a posting at RealMoney.com Friday, Hal Uy said, Cuban responded to his e-mail on the rumor saying, "Nonsense. No Chance. Won't happen."Shares of Mamma.com are 13% higher in early action today after running up from $2.37 since last Tuesday on news of the launch of its new video search, and extending gains Friday on the Cuban rumor.