Marin Software fell nearly 8% after surging over 60% yesterday

Tiger Newspress2021-09-23

(Sept 23) Marin Software fell nearly 8% after surging over 60% yesterday.

Marin Software Inc is trading significantly higher Wednesday after the company announced a revenue share agreement with Google, which trades under parent company Alphabet Inc.

The agreement calls for Marin Software to develop Google's enterprise tech platform and software products. The company has an existing revenue share agreement with Google that is set to be terminated on Sept. 30. The new revenue share agreement will be effective on Oct. 1.

Marin Software will receive revenue payments from Google based on revenue generated on its tech platform in connection with spend on search ads appearing on Google Search and other eligible search engines defined in the agreement.

Marin Software provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions.

MRIN Price Action: Marin Software has traded as high as $27.26 and as low as $1.18 over a 52-week period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Jazling
2021-09-23
Jazling
Wow
- Jazling:
  Ok
Huathuat23
2021-09-23
Huathuat23
Don’t follow blindly
jazzman
2021-09-23
jazzman
Like
KoryoDragon
2021-09-23
KoryoDragon
Lucky to get in quick & get out quicker [齜牙]
Zasper
2021-09-23
Zasper
Ok
cmg76
2021-09-23
cmg76
Yes

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