Inuvo, Inc. (INUV) is a leading AI platform built for the sole purpose of advertising having the most advanced IntentKey AI solution. The company’s shares slightly rose by 1.0% to remain at $0.47 at the closing of Friday’s regular trading session. The price dipped by 5.62% in the aftermarket session. The current stock price as of the writing stands at $0.45.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here. .
INUV: Recent Developments
On April 8, INUV filed the statement of changes in beneficial ownership of securities or Form 4 with the SEC. Two insider transactions were reported by new board members Bond Jonathan and Lee Kenneth. Also, the company appointed two independent members of the Board of Directors. Kenneth Lee served as a Senior Vice President at Ingalls & Snyder and has unprecedented experience in capital markets and as an investment executive. Jonathan Bond had already served as the Co-Founder and CEO of Kirshenbaum Bond Senecal & Partners LLC. He is a leader in the marketing and advertising sectors. The number of Board of Directors members increase to six following the appointments of Mr. Lee and Mr. Bond.
INUV: Industry Outlook
The software marketing industry stocks almost bounced back from their mid-week losses. The industry remains one of the leading performers in today’s stock market as the global reliance on tech is ever-increasing day by day. As a result, software service providers are likely to stick around in the long term. The vast software industry is developing at a much faster pace than ever. Giant companies such as UBER are making a series of software integrations with ticketing platforms to provide their customers with the most convenient transportation facility of their choice.
INUV: Company Outlook
INUV reported a remarkable 54% increase in its fourth-quarter revenue, which stood at $19.7 million. Also, its EPS remained in line with the expectations. The company achieved a major milestone as it was awarded by the Arkansas Business as the Business of the year. It collaborated with Halo Collar in March for the promotion of the Go-Anywhere Wireless Dog Fence.
INUV shares slipped by 47% in the past year as the restrictions were imposed during the pandemic. The current post-market decline is likely attributed to the insider trading of April 8 or the filing of Form 4 with the SEC.