Site icon Market Globalist

Here is why Bridgeline Digital Inc. (BLIN) stock plunged in the after-hours on Monday?

BIIB Stock

BIIB Stock

Bridgeline Digital Inc. (BLIN) shares fell 12.22% in after-hours on Monday, December 20, 2021, and closed at $2.37. However, in the regular trading session, BLIN’s stock gained 4.65%. BLIN shares have fallen 2.17% over the last 12 months, and they have moved up 5.88% in the past week. Over the past three months, the stock has lost 33.33%, while over the past six months, it has soared 21.62%.

Let’s discuss its recent news and developments

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

BLIN latest news

On December 20, 2021, Bridgeline Digital, Inc. (BLIN), announced financial results for its fiscal fourth quarter ended September 30, 2021.

Read More

Q4 2021 financial highlights

FY 2021 financial highlights

Update about BLIN new product Hawksearch

On December 09, 2021, Bridgeline Digital, Inc. (BLIN), announced that their newest Hawksearch product has been chosen by one of the most established legal associations and long-time Unbound customers.

Hawksearch was added to the Bridgeline portfolio this year to drive more value for their Unbound customers. The Bridgeline old customer has decided to extend their Unbound integration with Hawksearch for its ability to organize content, faceted navigation, and AI-powered relevant recommendations.

BLIN NLP software was chosen by German sports retailer

On December 07, 2021, Bridgeline Digital, Inc. (BLIN) site search product was chosen by a German sports apparel business to support their lead augmentation software.

Bridgeline’s NLP software can differentiate between major brands, product variations, and complicated queries within the massive catalog of sports attire and that’s why it was chosen by the German company.

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

Conclusion

The recent financial results were unimpressive due to which its stock price went down in the after-hours on Monday and we can expect it to further decline on Tuesday.

Exit mobile version