U.S. Markets closed
  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     
  • Dow 30

    33,761.05
    +424.38 (+1.27%)
     
  • Nasdaq

    13,047.19
    +267.27 (+2.09%)
     
  • Russell 2000

    2,016.62
    +41.36 (+2.09%)
     
  • Crude Oil

    91.88
    -2.46 (-2.61%)
     
  • Gold

    1,818.90
    +11.70 (+0.65%)
     
  • Silver

    20.83
    +0.49 (+2.39%)
     
  • EUR/USD

    1.0257
    -0.0068 (-0.66%)
     
  • 10-Yr Bond

    2.8490
    -0.0390 (-1.35%)
     
  • GBP/USD

    1.2139
    -0.0064 (-0.52%)
     
  • USD/JPY

    133.4800
    +0.4810 (+0.36%)
     
  • BTC-USD

    24,435.75
    +230.05 (+0.95%)
     
  • CMC Crypto 200

    574.64
    +3.36 (+0.59%)
     
  • FTSE 100

    7,500.89
    +34.98 (+0.47%)
     
  • Nikkei 225

    28,546.98
    +727.65 (+2.62%)
     

Why Marin Software Stock Is Trading Higher After-Hours Tuesday

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Marin Software Inc. (NASDAQ: MRIN) spiked higher following an announcement from management that the company entered into a revenue share agreement with Google LLC (NASDAQ: GOOG) to develop its enterprise tech platform and software products.

The revenue share agreement will take effect after September 30, 2021 following the scheduled termination of the existing agreement between Marin and Google from December 2018.

Marin Software Inc. provides a cloud-based digital advertising management solution for search, display, social, and mobile advertising channels to improve financial performance, realize efficiencies, as well as improve business decisions. The company’s enterprise marketing software platform is offered as an integrative SaaS solution for advertisers and agencies.

At the time of publication, shares of Marin Software were trading 72.1% higher during after hours at $9.79. The stock has a 52-week low of $1.18 and a 52-week high of $27.26.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.