Strength Seen in Vimeo (VMEO): Can Its 60.9% Jump Turn into More Strength?

Vimeo, Inc. (VMEO) shares ended the last trading session 60.9% higher at $7.74. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 25.9% gain over the past four weeks.The stock recorded this price rise after the company announced that it entered a definitive agreement to be acquired by Bending Spoons, an Italian tech-conglomerate, for$ 1.4 billion.This company is expected to post quarterly earnings of $0.03 per share ...