Why Marin Software Stock Is Trading Higher premarket trading Wednesday

Benzinga2021-09-22

Shares of Marin Software Inc. spiked higher following an announcement from management that the company entered into a revenue share agreement with Google LLC(NASDAQ:GOOG) to develop its enterprise tech platform and software products.

The revenue share agreement will take effect after September 30, 2021 following the scheduled termination of the existing agreement between Marin and Google from December 2018.

Marin Software Inc. provides a cloud-based digital advertising management solution for search, display, social, and mobile advertising channels to improve financial performance, realize efficiencies, as well as improve business decisions. The company’s enterprise marketing software platform is offered as an integrative SaaS solution for advertisers and agencies.

At the time of publication, shares of Marin Software were trading 72.58% higher during premarket trading Wednesday. The stock has a 52-week low of $1.18 and a 52-week high of $27.26.

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

Juliantotans
2021-09-22
Juliantotans
Buy it before too late
LEEPK
2021-09-22
LEEPK
like
Chillman
2021-09-22
Chillman
Power
CW8
2021-09-22
CW8
Like
SiniS
2021-09-22
SiniS
??
Juliantotans
2021-09-22
Juliantotans
Cool

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