21.12.2018, 21:24
Marin Stock Rallies On Google Deal As Software Maker Bucks Tech Sell-Off
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.
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https://www.investors.com/news/technolog...yptr=yahoo
![[Bild: MRINc1dl1422.png]](https://finviz.com/publish/122118/MRINc1dl1422.png)
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.
...
https://www.investors.com/news/technolog...yptr=yahoo