Why Marin Software Stock Is Getting Hammered Today

Marin Software Inc MRIN shares are trading lower after the company issued second-quarter 2021 revenue guidance of $6.1 million, versus $7.3 million year-over-year.

Marin Software also entered Into an equity distribution agreement with JMP Securities for an offering of up to $40 million.

Marin Software provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions.

Marin Software's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. 

At the time of publication, shares were trading 23.8% lower at $10.42. Marin Software has a 52-week high of $27.26 and a 52-week low of $1.14.

See also: HOW TO BUY MARIN SOFTWARE (MRIN) STOCK

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Short IdeasTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!