Perion Network: The Price Is Too Low To Ignore, Potentially Worth At Least Double
Shutthiphong Chandaeng Introduction I wanted to take a look at Perion Network (NASDAQ:PERI) to see how it performed over the last year and whether the 30% decline in share price was warranted since my first buy recommendation when I argued that the company’s growth prospects are very positive due to AI implementations, while an immaculate balance sheet is also enticing. Fast forward 6 months, the company’s share took a plummet when the guidance came in lower than anticipated, which I think is a blessing ...