Marin Software (NASDAQ:MRIN) stock is rising higher on Friday after the enterprise marketing software company announced support for both Reddit and X, formerly known as Twitter.
With these updates, marketers can now use Marin Software’s artificial intelligence (AI) powered platform to reach users of X and Reddit. That’s a massive boost as it opens them up to 81 million daily active users on Reddit and 500 million monthly active users on X.
Chris Lien, CEO of Marin Software, said the following about this update:
“Integrating Reddit and X into our ecosystem allows us to provide industry-leading intelligence, optimization, and automation for digital marketers across all channels.”
MRIN Stock Movement Today
With this news comes an increased interest in MRIN stock and heavy trading of the company’s shares. More than 37 million shares of Marin Software stock are changing hands as of this writing. That’s a massive increase compared to the company’s daily average trading volume of about 300,000 shares.
MRIN stock is up 32% as of Friday morning but is only up 6.7% since the start of the year.
Investors who are seeking out even more of the most recent stock market stories are going to want to stick around!
We have all of the hottest stock market news that traders need to know about on Friday! Among that is what has shares of Doximity (NYSE:DOCS), Take-Two Interactive (NASDAQ:TTWO) and FSD Pharma (NASDAQ:HUGE) stock on the move today. You can catch up on all of these matters by checking out the links below!
More Stock Market News for Friday
- Why Is Doximity (DOCS) Stock Up 30% Today?
- What’s Going On With Take-Two Interactive (TTWO) Stock Today?
- FSD Pharma Is Up 216% Today. What Is Going On With HUGE Stock?
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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
