$Marin Software (MRIN.US)$ was rallying over 60% amid a fresh revenue share agreement with $Alphabet-C (GOOG.US)$ . As part of the deal, Marin will receive payments from Google based on revenue generated on the company's tech platform in connection with its clients' spend on search ads appearing on Google Search only.
*Marin Software offers a unified SaaS advertising management platform for search, social, and eCommerce advertising.
This is not the first time that $Marin Software (MRIN.US)$ ’s stock price significantly increased. Back in late June, MRIN became known as a “meme stock” as many investors who are active on social media platforms like Reddit, Discord, Twitter, StockTwits, etc. drove up the stock price more than 1,300% between late June and early July. The catalyst of that stock price surge was Marin announcing an ad integration partnership with Instacart.
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MRIN Stock: Why It Is Significantly Higher Today