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Why Perion Network Stock Popped Today

TheMotleyFool

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Why Perion Network Stock Popped Today: https://g.foolcdn.com/editorial/images/703925/ad-tech-woman-looking-at-screen.jpg

Shares of Perion Network (NASDAQ: PERI) jumped today after the ad tech company issued strong preliminary results for its third quarter.

The stock finished the day up 13%.

Perion, which operates an "intelligent hub" that connects ad buyers and sellers, said that revenue in the quarter rose 31% to $158 million, ahead of the analyst consensus at $155.4 million.

Source Fool.com

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