financetom
Business
financetom
/
Business
/
Marin Software Announces Amazon Integration Update: What's Going On With The Stock?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marin Software Announces Amazon Integration Update: What's Going On With The Stock?
Jun 4, 2024 10:40 AM

Marin Software Incorporated ( MRIN ) shares are trading higher Tuesday after the company announced upgrades to its Amazon integration. 

The Details:

Marin Software ( MRIN ) said the update includes Sponsored TV, non-endemic advertising and access to the Demand-Side Platform (DSP) globally. The additions to Marin’s existing suite of Amazon Ads solutions combine Marin’s intelligence, AI-powered optimization and customizable automations.

“Our enhanced Amazon offering represents a major leap forward in our commitment to helping digital marketers connect with consumers in the most impactful ways. By incorporating Sponsored TV, expanding DSP capabilities globally, and introducing non-endemic advertising options, we are enabling brands to maximize their reach and effectiveness within the Amazon family of brands,” said Chris Lein, CEO of Marin Software ( MRIN ). 

Marin Software ( MRIN ) shares are moving on heavy trading volume following the update announcement. According to data from Benzinga Pro, nearly five times the stock's average volume has already been traded in Tuesday's session.  

Related News: What’s Going On With Greenwave Technology Stock?

Is MRIN A Good Stock To Buy?

An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages – like Marin Software ( MRIN )‘s page for example – there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.

These are known as capital allocation programs. Marin Software ( MRIN ) does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's dividend calendar for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.

For example, if you're looking to earn an annualized return of 13.86%, you'll need to buy a share of Nuveen Real Asset I&G by June 14, 2024. Once done, you can expect to receive a nominal payout of $0.13 on July 1, 2024.

Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on Marin Software ( MRIN ) will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.

MRIN Price Action: According to Benzinga Pro, Marin Software ( MRIN ) shares are up 8.16% at $2.65 at the time of publication Tuesday.

Image: Pete Linforth from Pixabay

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sienna Senior Living Declares June Dividend
Sienna Senior Living Declares June Dividend
Jun 14, 2024
09:07 AM EDT, 06/14/2024 (MT Newswires) -- Sienna Senior Living ( LWSCF ) on Friday declared its dividend for June. The company's payout for the month is $0.078 per share, representing $0.936 per share on an annualized basis. The dividend is payable July 15 to shareholders of record as at June 28. ...
Strattec Security Names Jennifer Slater President, Chief Executive
Strattec Security Names Jennifer Slater President, Chief Executive
Jun 14, 2024
09:07 AM EDT, 06/14/2024 (MT Newswires) -- Strattec Security ( STRT ) said Friday it has named Jennifer Slater president, chief executive and board member, effective July 1, succeeding Rolando Guilott, who has served as interim president and CEO. Slater is an executive president and general manager for performance sensing at Sensata Technologies. She also serves as a director for...
Gravity to Launch 'Ragnarok Online' in China on June 28
Gravity to Launch 'Ragnarok Online' in China on June 28
Jun 14, 2024
09:11 AM EDT, 06/14/2024 (MT Newswires) -- Gravity (GRVY) said Friday that its flagship online game Ragnarok Online will launch in China on June 28. The game, to be published in China by Shanghai Taren Network Technology, can be downloaded by Chinese players from the official Ragnarok Online website beginning on the launch day, Gravity said. Price: 81.71, Change: -1.39,...
Boeing Starliner undocking, return to Earth set for June 22, NASA says
Boeing Starliner undocking, return to Earth set for June 22, NASA says
Jun 14, 2024
WASHINGTON, June 14 (Reuters) - The Boeing Starliner will undock from the International Space Station and is scheduled to return to Earth on June 22, NASA said on Friday. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved