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Is it Time to Dump Cardlytics Inc (CDLX) Stock After it Is Down 17.38% in a Week?

Monday, March 20, 2023 02:19 PM | InvestorsObserver Analysts

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Is it Time to Dump Cardlytics Inc (CDLX) Stock After it Is Down 17.38% in a Week?

The market has been down on Cardlytics Inc (CDLX) stock recently. CDLX gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Cardlytics Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CDLX!

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CDLX Stock Today?

Cardlytics Inc (CDLX) stock is down -1.12% while the S&P 500 has risen 0.61% as of 2:02 PM on Monday, Mar 20. CDLX has fallen -$0.03 from the previous closing price of $3.12 on volume of 408,228 shares. Over the past year the S&P 500 is lower by -11.67% while CDLX has fallen -94.54%. CDLX lost -$13.92 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 the Bridg platform. The Cardlytics Direct segment which generates the majority of 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 Bridg platform generates revenue through the sale of subscriptions to the cloud-based customer-data platform and the delivery of professional services like implementation, onboarding, and technical support. The company receives maximum revenue from the United States. Click Here to get the full Stock Report for Cardlytics Inc stock.

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