Marin Software (MRIN) Names Founder Christopher Lien as CEO
- Wall St set to open lower as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- US dollar briefly falls vs yen after GDP data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
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- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
UPDATE: Stifel Downgrades Marin Software (MRIN) to Hold
August 25, 2016 6:52 AM EDT(Updated - August 25, 2016 11:21 AM EDT)
Stifel downgraded Marin Software (NYSE: MRIN) from Buy to Hold and removed its price target. Analyst Tom M. Roderick said the company's CEO transition signals continued challenges.
"On August 24th, after the market close, Marin... More