Marin Stock Rallies On Google Deal As Software Maker Bucks Tech Sell-Off [Investor's Business Daily]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Investors Business Daily
Related news A Google-fueled run-up in Marin Software ( MRIN ) continued Thursday even as technology stocks were again hammered and the Nasdaq entered a bear market. Marin stock gained 4.4% to close at 7.47 on the stock market today . In earlier trading on Thursday Marin had popped 15%. The rally in Marin stock began late Monday after the digital advertising tracking company announced a revenue-sharing pact with Alphabet ( GOOGL )-unit Google. It popped Tuesday and Wednesday as short investors covered. Marin stock has skyrocketed nearly 200% since the market close on Monday as investors weigh possible upside from the Google revenue-sharing agreement . The digital ad company late Monday updated guidance for the current quarter. The software maker said it expects to report a fiscal fourth-quarter loss of $2.4 million on net revenue of $15.1 million. Marin earlier had forecast an adjusted loss of $2.9 million on sales of $14.6 million. Marin said the revenue-sharing pact with Google runs
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News
- Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results [MSNBC.com]MSNBC.com
- Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says [CNBC]CNBC
- CEOs make the message clear on AI's big payoff: Be patient [Business Insider]Business Insider
- PMY AND GOOGLE CLOUD TRANSFORM SPORTS VIEWING WITH ADVANCED DATA AND AI TECHNOLOGIES AT LIV GOLFPR Web
- Microsoft, Google Gain After AI Fuels Cloud Computing Demand [BNN Bloomberg (Canada)]BNN Bloomberg
GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 4/25/24 - Form 8-K
- 4/17/24 - Form 4
- 4/17/24 - Form 144
- GOOG's page on the SEC website