The stock of CommerceHub Inc (NASDAQ:CHUBK) is a huge mover today! The stock decreased 3.48% or $0.56 during the last trading session, hitting $15.51. About 135,566 shares traded hands. CommerceHub Inc (NASDAQ:CHUBK) has risen 6.00% since September 6, 2016 and is uptrending. It has underperformed by 2.26% the S&P500.
The move comes after 8 months negative chart setup for the $672.97M company. It was reported on Oct, 6 by Barchart.com. We have $14.42 PT which if reached, will make NASDAQ:CHUBK worth $47.11 million less.
According to Zacks Investment Research, “CommerceHub, Inc. provides distributed commerce network which connecting supply, demand and delivery for retailers and brands. CommerceHub, Inc. is headquartered in Albany, United States.”
More notable recent CommerceHub Inc (NASDAQ:CHUBK) news were published by: Businesswire.com which released: “Liberty Interactive Corporation Announces Completion of CommerceHub Spin-Off” on July 22, 2016, also Forbes.com with their article: “Liberty Interactive To Spin-Off CommerceHub & Liberty Expedia Holdings” published on November 30, 2015, Forbes.com published: “New Spin-Off CommerceHub Is Overvalued” on August 24, 2016. More interesting news about CommerceHub Inc (NASDAQ:CHUBK) were released by: Businesswire.com and their article: “Liberty Interactive Corporation Announces Plans to Separately Spin-off …” published on November 12, 2015 as well as Businesswire.com‘s news article titled: “Liberty Announces New Proposed Distribution Date for Spin-off of CommerceHub” with publication date: July 08, 2016.
CHUBK Company Profile
CommerceHub, Inc. operates a cloud e-commerce fulfillment and marketing software platform of integrated supply, demand and delivery solutions for retailers, online marketplaces and digital marketing channels, as well as consumer brands, manufacturers, distributors and other market participants. The Company’s software platform acts as a hub that allows trading partners to develop and maintain omni-channel commercial relationships in consumer and business-to-business e-commerce markets. Approximately 9,500 trading partners have access to its platform daily to exchange information with each other, including orders, invoices, product information and other electronic documents.
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