AOL Falls as CEO Says 5-Year Plan Will Invest to go Global

Updated on

AOL Builds 4Q Profit Beat on Digital Ad Strategy

AOL Inc. tumbled the most in nine months after Chief Executive Officer Tim Armstrong outlined plans to reinvest in websites such as the Huffington Post, in a bid to reach a more global audience and be more competitive.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.