TigerLogic (OTCMKTS:TIGR) Trading Down 6.7%
TigerLogic Corp. (OTCMKTS:TIGR) shares were down 6.7% on Thursday . The stock traded as low as $4.90 and last traded at $4.90, approximately 1,219,048 shares were traded during mid-day trading. A decline of 58% from the average daily volume of 2,934,786 shares. The stock had previously closed at $5.25.
The stock’s 50 day moving average is $4.97.
TigerLogic (OTCMKTS:TIGR) last announced its earnings results on Friday, May 17th. The software maker reported ($0.04) earnings per share for the quarter. The business had revenue of $9.60 million for the quarter.
TigerLogic Corporation is engaged in the design, development, sale and support of Postano, a socialmedia content aggregation and visualization platform. Postano is sold through the Company’s sales personnel located in the United States, as well as through co-marketing arrangements with third parties.
Further Reading: Risk Tolerance
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