|Company Name||Fluent, Inc.|
On November 11, 2019, Fluent reported third quarter 2019 revenue of only $64.6 million, a 3% decrease year-over-year, due to “a confluence of factors, including certain uncollectible receivables, ebbs with several business partners and organizational re-alignment.”
On this news, the Company’s stock price fell $0.925 per share, or nearly 37%, during intraday trading on November 12, 2019, thereby injuring investors.
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