Lowe's Cos. Stock Outperforms Market On Strong Trading Day

Innovid Corp

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Communication Services : Media | Small Cap Growth

Company profile

Innovid Corp. is an independent software platform that provides ad-serving and creative services for the creation, delivery, and measurement of television (TV) ads across connected TV (CTV), mobile TV and desktop TV environments to advertisers, publishers and media agencies. The Company serves various TV advertisers, including Anheuser-Busch InBev, CVS Pharmacy, Kellogg’s, Mercedes-Benz, Target, Sanofi and Volvo. It offers Ad serving solutions, including Campaign Submission Form, which is a Web-based portal used by clients to submit all advertising campaign information and creative assets; Campaign Management Tool, which is its platform portal for campaign implementation and management and Analytics Dashboard, which provides unified visualization of ad performance filterable by delivery, audience reach, device breakdown, viewability, verification and more. It also offers Adobe and Google Web Designer plug-ins to streamline ad creation and data feed mapping.

Lowe's Cos. Stock Outperforms Market On Strong Trading Day

5:06 pm ET November 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Lowe's Cos. (LOW) advanced 3.01% to $215.13 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. This was the stock's second consecutive day of gains. Lowe's Cos. closed $48.18 short of its 52-week high ($263.31), which the company achieved on December 13th.

The stock outperformed some of its competitors Wednesday, as Home Depot Inc. (HD) rose 0.96% to $314.91 and Kingfisher PLC ADR (KGF.LN) fell 1.22% to $5.69. Trading volume (8.2 M) eclipsed its 50-day average volume of 3.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.

(END) Dow Jones Newswires

November 16, 2022 17:06 ET (22:06 GMT)