Is Cardlytics Inc (CDLX) Stock About to Get Hot Friday?

Overall market sentiment has been high on Cardlytics Inc (CDLX) stock lately. CDLX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Cardlytics Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CDLX!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CDLX Stock Today?

Cardlytics Inc (CDLX) stock is lower by -3.32% while the S&P 500 is higher by 0.05% as of 10:55 AM on Friday, Oct 22. CDLX has fallen -$2.82 from the previous closing price of $85.17 on volume of 165,958 shares. Over the past year the S&P 500 is up 32.49% while CDLX has fallen -0.17%. CDLX lost -$3.09 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Cardlytics Inc click here.

More About Cardlytics Inc

Cardlytics Inc operates an advertising platform within financial institutions digital channels, which include online, mobile, email and various real-time notifications. The company operates through three segments, Cardlytics Direct U.S. and U.K., and Other Platform Solutions. The Cardlytics Direct segment which generates majority revenue operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Other Platform Solutions segment offers solutions that enable marketers and marketing service providers to leverage the power of purchase intelligence outside the banking channel. Geographically the company receives maximum revenue from the United States. Click Here to get the full Stock Report for Cardlytics Inc stock.