Losses didn't keep the shares down for long...
By Sonya Rabbitte, 31 January 2002 10:50
NEWS Shares in AOL Time Warner were up over six per cent this morning, despite a widening loss in the fourth quarter. The company yesterday posted a net loss of $1.82bn, up from $1.09bn the previous year. But a 3.9 per cent jump in Q4 revenue boosted the share price and AOL stock, listed in Frankfurt, was up 6.12 per cent just after 11:00(CET) this morning. In the US, AOL shares closed down 1.12 per cent yesterday, following the results announcement.
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