AOL Closes Its First Day As An Independent

AOL INC. (NYSE:AOL) has finished their first day as an independent company. It actually makes me feel somewhat nostalgic that AOL is on their own again. I actually hope that the company starts mailing me CDs with a free AOL trial once again. Time Warner Inc. (NYSE:TWX) might actually start feeling separation anxiety eventually.

The separation has taken place about 10 years after the AOL-Time Warner merger took place. Both Time Warner and AOL still have a long road ahead. AOL has been suffering from a loss of advertising revenue and took a hit as broadband grew to be more popular than dial-up connections. And Time Warner has had to slim down on their cable business.

After AOL’s first day of trading the company stock ended at $23.67 and the company has a market cap of $2.54 billion.

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3. AOL To Go Public On December 10th Without TMZ In The Portfolio
4. Former Google Exec Tim Armstrong Replacing Ron Grant & Randy Falco As AOL CEO and Chairman
5. AOL Hires Artie Minson As The New CFO