Stock Watch: Cobalt Group Gets Exposure on Excite

Shares of The Cobalt Group (Nasdaq: COBT), which provides e-commerce solutions for the automobile industry, gained nearly 12 percent on Thursday, climbing 2-3/16 to 21 after the company announced an alliance with [email protected] The Cobalt Group will provide its 280,000 new vehicle listings from its auto dealership customers to [email protected], which will integrate the listings into

This major announcement is the second that The Cobalt Group has made in eight days. Last Wednesday, the company announced that it will launch, a business-to-business portal site for car dealers. The company’s stock more than doubled the next day, climbing 13-5/8 to 24-1/8.

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