Marin Software Inc (MRIN) Drops 9.68% on February 08

Equities Staff |

Marin Software Inc (MRIN) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 9.68% to $2.89, a loss of $-0.3099 per share. Starting at an opening price of $3.17 a share, the stock traded between $2.86 and $3.20 over the course of the trading day. Volume was 38,106 shares over 286 trades, against an average daily volume of 88,307 shares and a total float of 37.08 million.

The losses send Marin Software Inc down to a market cap of $107.17 million. In the last year, Marin Software Inc has traded between $7.62 and $2.88, and its 50-day SMA is currently $3.51 and 200-day SMA is $4.58.

Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings, and improve business decisions.

Marin Software Inc is based out of San Francisco, CA and has some 571 employees. Its CEO is David Yovanno.

For a complete fundamental analysis analysis of Marin Software Inc, check out Equities.com’s Stock Valuation Analysis report for MRIN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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