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Tag: Bridgeline stock

  • Bridgeline (BLIN) Stock Fell In Extended Trading Because Of What?

    In after-hours trading on Tuesday, shares of the provider of cloud-based marketing technology software, Bridgeline Digital Inc. (BLIN) were down -5.92% at $6.83. At the end of the last trading session, Bridgeline stock traded for $7.26, up 20.80%. During the regular trading, BLIN stock traded between $6.6359 and $9.99.

    BLIN stock traded 52.46 million shares, higher than its daily average of 5.75 million shares over 100 days. In the past five days, BLIN shares have declined by -40.64%, while in the past month, they have gained by 167.90%.  Following a significant contract win in Singapore, the BLIN stock price took a dip in after-hours trading after adding to its value in regular session.

    The contract was for what?

    The Unbound cloud-based marketing platform and an array of apps from Bridgeline help companies increase sales by increasing traffic, conversions, and order values. As part of its portfolio of digital products, BLIN offers OrchestraCMS by Bridgeline and Celebros Search by Bridgeline. In addition to serving vertical markets with direct sales, BLIN has direct sales efforts in areas of financial services, retail brand names, health services, life sciences, technology, credit unions and regional banks, and associations and foundations.

    Further, BLIN provides services such as digital strategy, web development, usability engineering, information architecture, and search engine optimization; security monitoring, emergency response, version control, load balancing, managed firewalls, and virus protection; and shared, dedicated, and Software as a Service hosting.

    Bridgeline has announced a three-year contract with BLIN subsidiary Hawksearch to improve a government agency’s digital experience in Singapore.

    • Taxes collected by the agency are responsible for about 70% of operating revenue for the government as it is the main tax collector.
    • By achieving quality growth and inclusive society, Singapore achieves its economic and social goals.
    • Having just begun the construction of a new website, the agency decided it needed Hawksearch to provide relevant search results and personalized results to all visitors.
    • Hawksearch provides a broad suite of eCommerce apps, a powerful site search engine, and a comprehensive dashboard.
    • Hawksearch will now be able to work with global partners and government agencies thanks to this 3-year agreement.
    • Hawksearch has been given the opportunity to provide intelligent site search to a government agency.

     BLIN’s recent acquisition is paying off?

    Hawksearch is an intelligent product search and recommendation engine that Bridgeline (BLIN) acquired in May. The acquisition of Hawksearch resulted in BLIN adding the product to its Unbound range. Hawksearch serves not only as a critical component of BLIN’s full eCommerce360 strategy but also as a way to advance its artificial intelligence-driven technology in support of its overall product portfolio.

  • Why Bridgeline (BLIN) Stock Is Trading Higher In Premarket?

    As of the last check, Bridgeline Digital Inc. (BLIN) gained 14.94% to $10.31 in premarket trades today. BLIN closed the regular trading session at $8.97, up 56.0%. The Bridgeline stock price ranged between $6.0105 and $8.97. BLIN stock traded 144.08 million shares, which was far higher than its daily average of 3.84 million shares over 100 days.  In the wake of receiving more than $2.5 million, BLIN stock is rising.

    What made BLIN receive the amount?

    Bridgeline’s marketing platform and apps help companies increase their online revenues by building traffic, conversion rates, and average order values. Bridging the gap between experience management and digital transformation, BLIN develops the award-winning Bridgeline Unbound (formerly iAPPS) platform. BLIN Product Suite helps marketing professionals deliver online experiences that attract, engage, nurture, and convert their customers across all digital channels using a cohesive, cloud-based solution powered by web content management, eCommerce, eMarketing, and web analytics.

    A recent CODiE Award winner and finalist for Best Content Management, Digital Marketing & Commerce Solution, BLIN offers cloud-based content management and digital marketing. BLIN offers end-to-end solutions for digital engagement, including web application design and development, as well as usability and digital strategy, leveraging a Microsoft Gold Certified application engineer team and partner network.

    As of Friday, Bridgeline had received over $2.5M cash from warrant exercises.

    • BLIN issued the warrants with a $4.00 strike price in 2019.
    • These funds bring BLIN’s total cash position to approximately $6 million.
    • Through this additional capital, BLIN will accelerate growth and execute its eCommerce 360 strategy for 2,500 customers.
    • BLIN will drive traffic, increase conversions, and increase average order value.
    • WooRank and HawkSearch were acquired by BLIN in 2021.
    • WooRank improves search engine optimization by driving traffic to websites.
    • By increasing conversions and optimizing visitors’ search experiences on eCommerce websites, HawkSearch increases revenue.

    Further from BLIN:

    In addition, last week Bridgeline announced that more than 20 site search licenses were acquired by its partner network for Celebros and HawkSearch, its most recent acquisition. The current partners of Bridgeline (BLIN) include Shopify, BigCommerce,

    Salesforce,Oro Commerce,  Magento, SAP,Optimizely, and AmericanEagle.com. BLIN’s capability to combine Celebros and HawkSearch makes it a leading player in the site search market. BLIN leverages technology such as personalization, recommendations, and machine learning algorithms that rely on user behavior to provide highly relevant and accurate results.

  • Early Morning Vibes: 4 Solid Stocks for Wednesday Trading Session

    Early Morning Vibes: 4 Solid Stocks for Wednesday Trading Session

    Good Morning

    On December 22, the American stock indexes finished trading in different directions. The S&P 500 dropped by 0.21% to 3687 points, the Dow Jones fell at a rate of 0.67%, while the NASDAQ climbed at 0.51%. Consumer confidence was significantly worse than expected. The tech sector became the leader of growth with a result of 0.86%; Apple shares acted as the engine, rising in price by 2.85%. The communications sector was one of the outsiders, losing 0.99%.
     

    Corporate Highlights

    Peloton Interactive (PTON: + 11.7%) buys exercise equipment manufacturer Precor for $ 420 million to increase production capacity.
     

    Revenue and EPS CarMax (KMX: -8.1%) were better than expected, but profit margins fell, and demand weakened at the end of the quarter due to COVID-19.

    Sports goods retailer Sportsman’s Warehouse Holdings (SPWH: + 39.6%) will be acquired by the Great American Outdoors Group.
     

    Today, world stock exchanges are showing mostly positive dynamics. The focus of attention is the unexpected statement by Donald Trump about his intention to change the parameters of the economic aid package, for which Congressmen voted yesterday. The current president believes that the one-time payment to the population should be increased from $ 600 per person to $ 2,000. Joseph Biden also noted that it is necessary to expand stimulus measures. Additional cash payments to the population should be included in the next package of assistance to the economy. Most likely, Trump will still sign the bill in the coming days.
     

    New strains of coronavirus continue to cause concern for investors, although virology experts believe that the vaccines available today are effective against the mutated COVID-19. Representatives of AstraZeneca and BioNTech agree.

    Nevertheless, full-fledged research has not yet been carried out. There is no complete confidence in this issue. In general, the news background is close to neutral, but the publication of the macrostatistics block may shift the balance in one direction or another.
     

    Economic Highlights
     

    Today there are weekly data on the number of initial applications for unemployment benefits. The indicator is expected to remain at the level of the previous week – 885

    thousand. If the actual value turns out to be above 893 thousand, it will become the highest since August. The labor market situation remains challenging. More than 5.5 million Americans are currently receiving unemployment benefits.

    Also, the indicator of the expenses of individuals for November will be published. Against the backdrop of new quarantine restrictions, consumption is expected to decrease.
     

    By 0.2% compared to October levels, which will be the first negative value since April. A month earlier, expenses increased by 0.5%.

    Today Top Movers‎

    ‎‎‎Hexo Corp (HEXO)‎‎ share price gaining 300.00% at $4.08 in early morning trading session today following its declaration of lapse of base shelf prospectus.‎‎ ‎

    ‎‎‎Ocugen, Inc (OCGN)‎‎ increasing 83.81% at $1.48 during premarket trading on Wednesday after the company and Bharat Biotech declared the signing of binding letter of intent (LOI) to co-develop Bharat Biotech’s COVID-19 vaccine candidate, COVAXIN, for the United States market.‎‎ ‎

    ‎‎‎Jaguar Health Inc (JAGX)‎‎ is up 52.85% at $0.61 in today’s premarket trading session after declaring the voting results of Jaguar’s December 9, 2020 in the Special Meeting of Stockholders.‎‎ ‎

    ‎‎‎Onconova Therapeutics Inc (ONTX)‎‎ share price changing with the gain of 38.76% at $0.59 in premarket trading on Wednesday after announcing FDA Permission for study to proceed under its investigational new drug application for Multi-kinase CDK4/6 Inhibitor ON 123300.

    Top Upgrades & Downgrades


    Truist Securities turned bullish on Pioneer Natural Resources Company (PXD), upgrading the stock to “Buy” and assigning a $135.0 price target.
     

    Rent-A-Center Inc. (RCII) has won the favor of Loop Capital’s equity research team. The firm upgraded the shares from Hold to Buy and moved their price target to $50.
     

    Illumina Inc. (ILMN) received an upgrade from analysts at Piper Sandler, who also set their one-year price target on the stock to $415.0. They changed their rating on ILMN to Overweight from Neutral in a recently issued research note.
     

    Earlier Wednesday BMO Capital reduced its rating on Fubotv Inc (NYSE: FUBO) stock to Market Perform from Outperform and assigned the price target to $50.
     

    Canaccord Genuity analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Paysign Inc (NASDAQ: PAYS) has been changed to Hold from Buy and the new price target is set at $5.
     

    Analysts at BMO Capital downgraded IAC/Interactivecorp (NASDAQ: IAC)’s stock to Market Perform from Outperform on Wednesday.

    Latest Insider Activity


    FireEye Inc. (FEYE) EVP and General Counsel King Alexa announced the sale of shares taking place on Dec 21 at $20.03 for some 56,532 shares. The total came to more than $1.13 million.
     

    Apartment Investment and Management Company (AIV) Director STEIN MICHAEL A sold on Dec 21 a total 0 shares at $4.70 on average. The insider’s sale generated proceeds of almost $0.22 million.
     

    GameStop Corp. (GME) 10% Owner Cohen Ryan declared the purchase of shares taking place on Dec 18 at $15.97 for some 756,089 shares. The transaction amount was around $12.08 million.
     

    Upstart Holdings Inc. (UPST) 10% Owner Loeb Daniel S bought on Dec 18 a total 13,381,222 shares at $20.00 on average. The purchase cost the insider an estimated $24.0 million.

    Earnings To Watch


    Top US earnings releases scheduled for today include Paychex Inc. (NASDAQ:PAYX). It will announce its Nov 2020 financial results. The company is expected to report earnings of $0.66 per share from revenues of $954M in the three-month period.
     

    Analysts expect Bridgeline Digital Inc. (NASDAQ:BLIN) to report a net income (adjusted) of $0.03 per share, when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2020 is predicted to come in at $2.64M.

  • Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    China Automotive Systems Inc. (CAAS) stock soared 2.38% to $10.75 in the pre-market trading after reporting that it shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. The most recent rating by Brean Murray, on August 15, 2011, is a Hold.
    Before the trading started on December 01, 2020, G1 Therapeutics Inc. (GTHX) is up 4.05% to reach $19.0. It has been trading in a 52-week range of $8.80 to $31.38.
    Sundial Growers Inc. (NASDAQ: SNDL) shares are trading up 29.83% at $0.947 at the time of writing following the announcement its elimination of senior secured second lien convertible notes. Company’s 52-week ranged between $0.14 to $3.88.
    Jaguar Health Inc. (JAGX) grew over 69.45% at $0.5929 in pre-market trading today.
    SuperCom Ltd. (SPCB) stock moved down -10.74 percent to $1.08 in the pre-market trading and the company recently declared that it has secured a contract to provide its PureSecurity Electronic Monitoring (EM) suite in Wisconsin.
    MicroStrategy Incorporated (NASDAQ: MSTR) shares are trading up 4.93% at $359.66 at the time of writing. Company’s 52-week ranged between $90.00 to $280.00. Analysts have a consensus price target of $200.
    Veritone Inc. (VERI) grew over 4.4% at $27.78 in pre-market trading today after announcing that it now supports NVIDIA CUDA for GPU-based AI and machine learning.
    Before the trading started on December 01, 2020, Creative Realities Inc. (CREX) is down -7.26% to reach $1.15. It has been trading in a 52-week range of $0.52 to $5.98.
    Moderna Inc. (MRNA) stock soared 10.32% to $168.5 in the pre-market trading after declaring that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    VBI Vaccines Inc. (VBIV), a Biotechnology company, rose about 3.94% at $3.56 in pre-market trading Tuesday.
    Schultze Special Purpose Acquisition Corp. (SAMA) stock moved up 2.86 percent to $12.6 in the pre-market trading after reporting effectiveness of registration statement for proposed business combination with Clever Leaves International Inc.
    Celsion Corporation (CLSN) gained over 5.59% at $0.71 in pre-market trading Tuesday December 01, 2020.
    Nano-X Imaging Ltd. (NNOX) is up more than 5.22% at $64.5 in pre-market hours Tuesday December 01, 2020. The healthcare firm lately announced revised time of live demonstration at the 2020 radiology society of North America virtual annual meeting. The stock had jumped over 17.21% to $61.30 in the last trading session.
    Before the trading started on December 01, 2020, Greenlane Holdings Inc. (GNLN) is up 2.89% to reach $4.27. It has been trading in a 52-week range of $1.02 to $4.20.
    Mogo Inc. (MOGO) stock soared 3.77% to $2.75 in the pre-market trading. The firm recently declared the release of its new updated Mogo app featuring an interactive Rainforest Mode as part of the MogoCard experience. The most recent rating by Raymond James, on July 23, 2020, is an Outperform.
    Altimmune Inc. (NASDAQ: ALT) shares are trading up 9.57% at $13.4 at the time of writing. Company’s 52-week ranged between $1.60 to $35.10. Analysts have a consensus price target of $28.
    Novavax Inc. (NVAX) grew over 6.09% at $148.0 in pre-market trading today following publication its COVID-19 vaccine clinical development progress.
    Marathon Patent Group Inc. (MARA), a Capital Markets company, rose about 7.96% at $6.78 in pre-market trading Tuesday.
    Aphria Inc. (APHA) is up more than 3.46% at $8.67 in pre-market hours Tuesday December 01, 2020. The healthcare company recently revealed that it has closed the accretive, strategic acquisition of SW Brewing Company, LLC. The stock had jumped over 8.41% to $8.38 in the last trading session.
    AquaBounty Technologies Inc. (AQB) gained over 4.31% at $6.05 in pre-market trading Tuesday December 01, 2020.
    Before the trading started on December 01, 2020, ADMA Biologics Inc. (ADMA) is up 2.45% to reach $2.09 following the announcement its commencement of operations and initiation of collections at its newest ADMA BioCenters plasma collection facility located in Maryville, Tennessee. It has been trading in a 52-week range of $1.45 to $4.95.
    CureVac N.V. (CVAC) is down more than -3.12% at $101.89 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 22.29% to $105.17 in the last trading session.
    OrganiGram Holdings Inc. (OGI) gained over 4.26% at $1.47 in pre-market trading Tuesday December 01, 2020 after releasing its results for the fourth quarter ended August 31, 2020.
    FuelCell Energy Inc. (FCEL) is down more than -3.43% at $9.85 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 5.26% to $10.20 in the last trading session.
    SSR Mining Inc. (SSRM) grew over 2.12% at $18.8 in pre-market trading today. The company lately publicized that positive results of the Çöpler District master plan studies.
    Before the trading started on December 01, 2020, Entasis Therapeutics Holdings Inc. (ETTX) is up 4.35% to reach $1.92. It has been trading in a 52-week range of $1.58 to $5.64.
    Luokung Technology Corp. (LKCO) is up more than 2.93% at $0.6 in pre-market hours Tuesday December 01, 2020 after the firm reported that it won bid for Heilongjiang Institute of Technology (“HIT”) Smart Campus first phase procurement project of USD 1.3 million. The stock had jumped over 4.09% to $0.58 in the last trading session.
    Riot Blockchain Inc. (RIOT) is up more than 3.55% at $8.75 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 35.20% to $8.45 in the last trading session.
    Before the trading started on December 01, 2020, Dada Nexus Limited (DADA) is down -4.28% to reach $55.47 after declaring proposed follow-on public offering of American depositary shares. It has been trading in a 52-week range of $14.60 to $56.91.
    Logitech International S.A. (NASDAQ: LOGI) shares are trading down -3.3% at $87.32 at the time of writing. Company’s 52-week ranged between $31.37 to $95.71.
    Advaxis Inc. (ADXS), a Biotechnology company, rose about 11.86% at $0.33 in pre-market trading Tuesday. The biotechnology firm recently declared closing of $9.2 million public offering.
    Arbutus Biopharma Corporation (NASDAQ: ABUS) shares are trading up 11.26% at $5.04 at the time of writing. Company’s 52-week ranged between $0.88 to $9.02. Analysts have a consensus price target of $8.