Where Will Cardlytics Inc (CDLX) Stock Go Next After It Is Down 6.32% in a Week?

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

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

See Full CDLX Report

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CDLX Stock Today?

Cardlytics Inc (CDLX) stock is trading at $8.15 as of 3:16 PM on Monday, Oct 17, an increase of $0.91, or 12.57% from the previous closing price of $7.24. The stock has traded between $7.48 and $8.46 so far today. Volume today is low. So far 300,700 shares have traded compared to average volume of 455,339 shares.

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 Bridg platform. 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 Bridg platform generates revenue through the sale of subscriptions to our cloud-based customer-data platform and the delivery of professional services like implementation, onboarding and technical support. Geographically the company receives maximum revenue from the United States. Click Here to get the full Stock Report for Cardlytics Inc stock.