New York, NY - September 26, 2012 (Investorideas.com newswire, www.techsectorstocks.com) Investorideas.com staff: Investor Ideas, www.InvestorIdeas.com, a global investor research portal for independent investors, issues a tech stock trading alert for Mimvi, Inc. (OTC: MIMV), currently trading at $0.62, up 0.05 or 8.77% as of 10:02AM EDT on over 2.3 Million shares. The stock had a morning high of $0.72.
The stock soared following news yesterday when it announced that it has finalized a partnership agreement with Microsoft Corp (NASDAQ:MFST). The partnership will see Mimvi develop a number of products and services to complement Microsoft's Windows Azure and Windows Mobile 8 Platforms. The agreement also involves Microsoft making investments in Mimvi in the form of engineering services, software, and cash.
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