Angie's List Jumps on Piper Jaffray Initiation

Shares of Angie's List ANGI jumped over 4% in the after-hours session after analysts at Piper Jaffray initiated coverage on the stock with an Overweight rating. Shares of Angie's closed up nearly 2% on Wednesday at $18.25. In the after-hours session, shares hovered around $19.