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.
Source Fool.com
Microsoft Corp. Stock
€379.05
0.480%
The stock is one of the favorites of our community with 103 Buy predictions and 1 Sell predictions.
With a target price of 433 € there is a slightly positive potential of 14.23% for Microsoft Corp. compared to the current price of 379.05 €.