Why Perion Network Stock Was Falling Today [Yahoo! Finance]
Perion Network Ltd - Ordinary Shares (PERI)
Last perion network ltd - ordinary shares earnings: 2/12 02:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
perion.com/ir-info
Company Research
Source: Yahoo! Finance
Wednesday morning that initially pleased the market but reversed later in the session. On Thursday, that slide continued as investors had more time to assess the state of the business after Microsoft slashed its payments to ad partners like Perion, causing the stock to plunge by roughly 40% in early April. Today, Perion stock was down 3% as of 12:04 p.m. ET after slipping 0.5% yesterday. Perion has a long road back First-quarter results weren't directly affected by the Microsoft change, as that happened after the quarter ended. Perion said revenue in the quarter rose 9% to $157.8, which was slightly better than the consensus at $156.8 million. However, all of the company's growth came from its search advertising segment, which is closely connected to Microsoft Bing. Search revenue was up 26% to $82 million, while ad solutions revenue, its other segment, fell 5% to $75.8 million. Within the ad solutions segment, the company saw strong growth in retail media, which was up 13
Show less
Read more
Impact Snapshot
Event Time:
PERI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PERI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PERI alerts
High impacting Perion Network Ltd - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
PERI
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Perion Network Ltd. – PERIGlobeNewswire
- Lost Money on Perion Network Ltd.(PERI)? Join Class Action Suit Seeking Recovery - Contact Levi & KorsinskyAccesswire
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Encourages Investors in Perion Network Ltd. with Losses to Contact the FirmAccesswire
- Contact Levi & Korsinsky by June 17, 2024 Deadline to Join Class Action Against Perion Network Ltd.(PERI)Accesswire
- Perion Network Ltd. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before June 17, 2024 to Discuss Your Rights - PERIAccesswire
PERI
Earnings
- 5/8/24 - Beat
PERI
Sec Filings
- 5/15/24 - Form 6-K
- 5/8/24 - Form 6-K
- 5/3/24 - Form 144
- PERI's page on the SEC website