Home Equities Score Bridgeline Digital Inc. (BLIN) stock declines during after-hour session. What has been...

Bridgeline Digital Inc. (BLIN) stock declines during after-hour session. What has been happening lately?

Bridgeline Digital Inc. (NASDAQ: BLIN) stock gained by 36.34% at last close whereas the BLIN stock price plunged by 6.13% in the after-hours trading session. Bridgeline’s marketing platform and a suite of applications help businesses increase online income by improving traffic, conversion rates, and average order values.

>> 7 Top Picks for the Post-Pandemic Economy << 

Recent Development

On July 2, 2021 it has been recorded that so far Bridgeline Digital has collected approximately $2.5 million in cash as a consequence of warrant exercises. The warrants, which have a strike price of $4.00, were issued in 2019.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

These monies are in addition to Bridgeline’s fully funded operating plan, increasing the company’s cash position to around $6 million. This new funding will be used to accelerate Bridgeline’s growth and implement its eCommerce 360 strategy, which aims to improve traffic, conversions, and average order value for its 2,500 clients.

In 2021, Bridgeline bought two companies: WooRank and HawkSearch. WooRank increases website traffic by assisting with search engine optimization. HawkSearch helps eCommerce companies increase online income by increasing conversion and improving the search experience for visitors.

Ari Kahn, President and CEO of Bridgeline Digital stated,

This warrant exercise reflects their investors’ faith in BLIN’s recent acquisitions and their eCommerce 360 strategy, which will help Bridgeline achieve quicker growth and profitability. They appreciate their investors’ continued support.

Also,

This quarter, Bridgeline Digital’s partner network earned more than 20 site search licenses for Celebros and HawkSearch, its most recent purchase.

Bridgeline’s combination of Celebros and HawkSearch positions it as a market leader in site search, with features including customization, recommendations, and machine learning algorithms that leverage user behavior and trends to deliver factual and highly strung search results.

>> 7 Top Picks for the Post-Pandemic Economy << 

Ari Kahn, CEO of Bridgeline stated,

Bridgeline’s major aim for 2021 is to expand their partner network. They’ve made significant progress by obtaining license sales to big institutions and governments that Bridgeline could not have obtained on its own, primarily due to their recent acquisition of HawkSearch and its enormous partner network.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

Related News

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

DMC Global Inc. (BOOM) stock declines during pre-market trading. Here’s what you should know

DMC Global Inc. (NASDAQ: BOOM) stock plunged by 6.50% at last close while the BOOM stock price fell further by 13.06% in the pre-market...

Boston Beer Company Inc. (SAM) stock fell during after-hour trading. Here’s the recent update

Boston Beer Company Inc. (NASDAQ: SAM) stock gains by 1.89% at last close whereas the SAM stock price plunged by 18.64% in the after-hours...

Jupiter Wellness, Inc. (JUPW) Stock Plummets Following Pricing of Underwritten Public Offering

Jupiter Wellness, Inc. (JUPW) stock prices were down 15.45% as of the market closing on July 21st, 2021, bringing the price per share down...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam