Why Cardlytics Stock Skyrocketed 75% Last Month
Cardlytics(CDLX) The Motley Fool·2024-04-02 21:53The business is stabilizing, but it's still working through past mistakes.Shares of advertising-technology (adtech) company Cardlytics (CDLX -5.60%) skyrocketed 74.8% in March, according to data provided by S&P Global Market Intelligence. Investors had disregarded this company's prospects entirely. But its latest financial report surprisingly showed modest growth and improved financials.Cardlytics' partners are financial institutions, and the company's software helps these companies manage loyalty and rewar ...