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Here's Why LiveRamp Stock Was Up 33% in May

TheMotleyFool

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Here's Why LiveRamp Stock Was Up 33% in May

Shares of LiveRamp (NYSE: RAMP) were up 33.2% in May, according to data provided by S&P Global Market Intelligence. Most of the stock's gains came after the software-as-a-service company reported results for the fourth quarter of fiscal 2020 that beat expectations on both the top and bottom lines.

The big gains from the earnings beat brought LiveRamp stock roughly back to where it started 2020. And it still sits almost 10% down from 52-week highs.