Here's Why Endurance International Stock Went Up 18% on Monday

Here's Why Endurance International Stock Went Up 18% on Monday

Web-hosting company Endurance International Group (NASDAQ: EIGI) is thinking about selling itself to another player, and that sent shares higher on Monday. According to a Bloomberg report citing anonymous insiders, Endurance International is open to the idea of being acquired, two years after considering it the first time. Consider Endurance International has 4.9 million subscribers and added almost 100,000 in Q2.