Back Near The Lows, Perion Network Is Not Worth Chasing [Seeking Alpha]
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: Seeking Alpha
Summary I threw in the towel on Perion Network ( PERI ) last year after a brief bullish turn. Ever since Alphabet Inc.'s (NASDAQ: GOOGL ) (NASDAQ: GOOG ) Google unit crushed the paid search model of Perion, Blucora ( BCOR ), IAC/InterActive ( IAC ), and AVG (since acquired by Avast), PERI had looked like a value trap. But a late 2015 acquisition of adtech provider Undertone for what looked like a reasonable multiple seemed to offer Perion a lifeline. Of course, there was a reason that Undertone was willing to sell for such a cheap price - and for cash, no less. That business has disappointed pretty much from the jump, and advertising revenue (which isn't solely Undertone-related, but mostly) fell a whopping 22% before recovering in Q2. A brief bout of post-merger optimism quickly faded, with PERI actually dipping below $1 last year. But only a few months after I bailed at ~$1.30, PERI again rallied. The stock rose 150% just between November and early February befo
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
- Perion Network (PERI) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
- Levi & Korsinsky Notifies Shareholders of Perion Network Ltd.(PERI) of a Class Action Lawsuit and an Upcoming DeadlineAccesswire
- Perion Network Ltd. (PERI) Faces Investor Class Action for Allegedly Concealing Decline in Search Advertising Business – Hagens BermanGlobeNewswire
- PERI LAWSUIT ALERT: Levi & Korsinsky Notifies Perion Network Ltd. Investors of a Class Action Lawsuit and Upcoming DeadlineAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Perion Network Ltd. - PERIPR Newswire
PERI
Earnings
- 2/7/24 - Beat
PERI
Sec Filings
- 4/8/24 - Form 6-K
- 4/8/24 - Form 20-F
- 4/8/24 - Form 6-K
- PERI's page on the SEC website