Tuesday, March 26, 2013

Marin Software: Sentiment Remains Strong For Cloud-Based Company

On Friday, Marin Software (MRIN) made its public debut. Shares of the provider of internet advertising services ended their first trading day with gains of 16.1% at $16.26 per share. Shares initially rose to highs of $19.95 at the start of the trading day, but gradually lost terrain to end its opening day with much more modest gains.

After a slight correction in Monday, shares have rebounded on Tuesday, currently exchanging around $17 per share.

The Public Offering

Marin Software has developed and provides a cloud-based digital advertising platform which helps advertisers to improve their business revenues by providing optimized solutions. Marin's Revenue Acquisition Management platform measures the effectiveness of advertising campaigns and helps to optimize advertising budgets of its clients.

Read the entire article on Seekingalpha by clicking the following link

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