Why Perion Network Stock Plunged Today
Shares of Perion Network (NASDAQ: PERI) were tanking today after the company's relationship with Microsoft took another step back, crushing a key source of revenue for the ad tech company.
As a result, Perion slashed its revenue guidance again, following a guidance cut for the same reason, and the stock was down 28.4% as of 11:15 a.m. ET on Monday.
Image source: Getty Images.
Source Fool.com
Microsoft Corp. Aktie
432,35 €
-0,27 %
Microsoft Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 500 € für Microsoft Corp. impliziert eine leichte Steigerung gegenüber dem aktuellen Kurs von 432.35 €.
