Why Perion Network Stock Popped Today
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