A Reversal for Support.com, Inc. (SPRT) Is Not Near. The Stock Rises Again

March 14, 2018 - By Adrian Erickson

The stock of Support.com, Inc. (NASDAQ:SPRT) is a huge mover today! The stock increased 6.91% or $0.19 during the last trading session, reaching $2.94. About 112,448 shares traded or 147.46% up from the average. Support.com, Inc. (NASDAQ:SPRT) has risen 2.28% since March 14, 2017 and is uptrending. It has underperformed by 14.42% the S&P500.
The move comes after 7 months positive chart setup for the $55.02M company. It was reported on Mar, 14 by Barchart.com. We have $3.18 PT which if reached, will make NASDAQ:SPRT worth $4.40 million more.

More notable recent Support.com, Inc. (NASDAQ:SPRT) news were published by: Businesswire.com which released: “Support.com, Inc. Announces 1-for-3 Reverse Stock Split; Will Begin Trading on …” on January 13, 2017, also Seekingalpha.com with their article: “Activism On Support.com: 60% Return” published on June 13, 2016, Businesswire.com published: “Support.com Reminds Investors of Its Net Operating Loss Carryforwards and Tax …” on January 18, 2018. More interesting news about Support.com, Inc. (NASDAQ:SPRT) were released by: Seekingalpha.com and their article: “Why I Would Not Buy Support.com Stock” published on March 27, 2014 as well as Seekingalpha.com‘s news article titled: “Support.com: Buy Before It’s Too Late” with publication date: March 05, 2018.

Support.com, Inc. provides cloud-based software and services primarily in North America. The company has market cap of $55.02 million. The firm offers turnkey, outsourced support services for service providers, retailers, Internet of Things solution providers, and technology companies. It currently has negative earnings. The Company’s technology support services programs include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support for both the consumer and small and medium business markets.

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