Strength Seen in Similarweb (SMWB): Can Its 8.0% Jump Turn into More Strength?
SMWBSimilarweb(SMWB) ZACKS·2024-07-17 00:30

Similarweb (SMWB) shares soared 8% in the last trading session to close at 7.02.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestock′s15.77.02. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.7% loss over the past four weeks.Similarweb is benefiting from an expanding customer base and acquisitions like Admetricks, enhancing its digital ad intelligence offerings and overall market position.This digital intelligence company is expected to post quarterly earnings of 0.02 per share in its u ...