critical path up 150% and still climing ah, identity mgmt is hot but my guess is this has another 25%-50% climb in it and its done. Everybody has an identity mgmt package.
Critical Path soars on GE deal
NEW YORK (CBS.MW) - Shares of Critical Path skyrocketed Monday on news that its identity management software is in use at General Electric.
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The stock (CPTH: news, chart, profile) jumped $3.21, or 159 percent, to $5.23, pulling back slightly from a high of $5.28 earlier in the session. Volume of 19 million was good for ninth on the Nasdaq's most active list. The issue's daily average churn is 202,300.
In a press release before the opening bell, the San Francisco-based Critical Path said its Meta-Directory application has been deployed to integrate the identity data of more than 400,000 GE employees, contractors, and vendors.
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