Stock Track | MarketingForce Plummets 5.34% Intraday as Profit-Taking Follows Strong Quarterly Results

Stock Track04-24

MARKETINGFORCE (02556) stock plummeted 5.34% during intraday trading on Friday.

The decline is attributed to profit-taking pressure following a significant monthly rally of over 60%. This rally was driven by robust first-quarter operational data, including a surge of approximately 110.5% year-over-year in AI application business revenue, and strong full-year results showing an 80.8% increase in revenue and a 91.3% rise in adjusted net profit.

Analysts note the company has completed its transformation to an AI-native platform, but the prior sharp advance had fully priced in these positive fundamentals, leading to a technical correction as investors locked in gains.

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