ICLK Stock Surges Over 5% Amid Advertising Sector Decline

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Nov 15, 2024
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The stock of iClick Interactive Asia Group (ICLK, Financial) experienced a significant surge, climbing 5.12% to reach $3.29 per share. The trading volume was 50,797 shares, with a turnover rate of 0.51% and an amplitude of 8.63%.

According to the latest financial report, iClick reported a revenue of $133 million, a net loss of $38.69 million, an earnings per share (EPS) of -$3.78, and a gross profit of $35.10 million, with a price-to-earnings (P/E) ratio of -0.87. Currently, there are no institutional recommendations regarding buying, holding, or selling the stock.

iClick is part of the advertising and marketing industry, which has collectively declined by 3.99%. Within this sector, stocks such as Lendway, Inc., Stran & Co Inc C/Wts (To Pur Com), and Galaxy Fashion showed notable gains, while Haoxi Health Technology, Galaxy Fashion, and Thumzup Media Corporation were active in trading. Stocks like Stran & Co Inc C/Wts (To Pur Com), Advantage Solutions Inc C/Wts 28/10/2025 (To Pur Com), and Yuehang Sunshine exhibited significant amplitude.

iClick Interactive Asia Group Ltd. is a leading independent online marketing and enterprise data solutions provider in China. It offers innovative and cost-effective cross-channel marketing solutions to optimize marketing efforts throughout the marketing cycle, focusing on both brand and performance-based objectives. The company operates through two segments: Marketing Solutions and Enterprise Solutions, with the majority of its revenue generated from China and other international markets.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.