Angie’s List (ANGI) could turn in a disappointing quarter, according to analysts. The online provider of unbiased reviews of local businesses and services is turning a profit but it’s also seeing increased competition from internet giants like Google (GOOG) and Amazon (AMZN). Shares of Angie’s List are up nearly 11% in the last three months but they are well off their all-time highs of July 2013. Shares of the company are down 65% since its IPO. Recently the CEO said he would step down, possibly to enter politics in the company’s home state of Indiana. Some analysts hope the leadership change will bring in an internet visionary.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source

























