The stock of e-commerce software company Ariba (Nasdaq: ARBA) has been one of the year’s top performers, and things could be getting even hotter for the stock. Shares of Ariba climbed 13-3/8 to 210 on Monday after the company announced a deal with enterprise commerce software company InterWorld (Nasdaq: INTW). Ariba and InterWorld will weave some of their technology together and jointly invest in marketing and sales tools to promote the company’s combined solutions. Shares of InterWorld gained 8-1/8 to 67-7/8 on Monday.
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Ariba Climbs on InterWorld Deal
Posted by: Andy Wang November 16, 1999 12:00 AMThe stock of e-commerce software company Ariba (Nasdaq: ARBA) has been one of the year’s top performers, and things could be getting even hotter for the stock. Shares of Ariba climbed 13-3/8 to 210 on Monday after the company announced a deal with enterprise commerce software company InterWorld (Nasdaq: INTW). Ariba and InterWorld will weave some of their technology together and jointly invest in marketing and sales tools to promote the company’s combined solutions. Shares of InterWorld gained 8-1/8 to 67-7/8 on Monday.