Shares of Copernic (CNIC) are up 26% to $3.55 on news that the company will launch of an updated version of Copernic Mobile that now includes a new Apple iPhone/iPod Touch-optimized user interface. Via the large touch screens, the updated Copernic Mobile product offers a more user-friendly experience when remotely searching for and accessing file content on these important Apple products.
With no revenue attached to the news, it’s hard to say why the shares would rise.
Apple must have a long tail.
Douglas A. McIntyre