Folks apparently are still digging into the roots of their family trees.
The news comes after Ancestry.com went through a volatile month of May. Shares of the company took a hit when Comcast's
Again, here is where this week's milestone matters. If cynics figured that the website was seeking out a suitor because its popularity was peaking, blasting through 2 million active members proves those naysayers are wrong.
This doesn't mean Ancestry.com isn't an attractive acquisition target. If anything, proof this week that it continues to expand its reach will make it more lucrative for dot-com giants that are looking to expand beyond ad-based revenue. If you don't think Facebook
Then again, given this week's welcome milestone, it's not as if Ancestry.com should be in any rush to marry itself off.
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The Motley Fool owns shares of Facebook, Google, and Ancestry.com. Motley Fool newsletter services have recommended buying shares of Ancestry.com and Google. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.