Why Perion Network's Stock is Up During Today's Session

Perion Network's Stock Price And Volume Action

Perion Network PERI is currently up 6.08% to a price of $18.76. Thursday the stock has been traded at a volume of 62.07 thousand, about 4.34% of its recent 30-day volume average of 1.43 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Perion Network shares are trading higher after Needham initiated coverage on the stock with a Buy rating and a price target of $21 per share.

Insights On Recent Price Action

The 50-day moving average price of Perion Network's stock was $18.95 when this article was published. The stock reached a high of $28.32 and a low of $4.13 in the past 52 weeks.

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