Why Perion Network Is Trading Higher Today
Perion Network's Stock Price And Volume Action
Perion Network's (NASDAQ:PERI) stock has been rising Tuesday, up 23.62% to a price of $26.3. The stock's current volume for the day is 1.62 million, which is approximately 83.78% of its previous 30-day average volume of 1.94 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 the company raised FY21 sales guidance above estimates.
Further Analysis of Recent Price Action
The stock's 50-day moving average was $16.44 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $26.07 and fallen to a low of $3.43.
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