Fluent’s Board of Directors Approves Share Repurchase Program

published 10:18 pm ET November 20th, 2019

On November 19, Fluent, Inc. (FLNT) announced that the company’s Board of Directors approved a new share repurchase program. Under the terms of the program, the company can repurchase up to $5 million in outstanding common shares. Fluent is a leading data-driven performance marketing company.

 

Jet Equities alerted subscribers about the news event at 4:15 pm. The last trade was at 4:00 pm for $1.42. The next trade took place at 4:18 pm for $1.48. The stock spiked higher at the market open the next day and continued to rise throughout the remainder of the day. Fluent’s stock closed at $1.70 on November 20 for an event-day gain of 19.7%.

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