Somewhat Positive Media Coverage Somewhat Unlikely to Affect Rentrak (RENT) Stock Price
News headlines about Rentrak (NASDAQ:RENT) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rentrak earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.5157924199215 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Rentrak (NASDAQ RENT) traded down $1.04 on Tuesday, hitting $44.47. 482,800 shares of the company’s stock traded hands, compared to its average volume of 151,821. Rentrak has a one year low of $39.15 and a one year high of $84.23.
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Rentrak Corporation is a media measurement and consumer targeting company serving the entertainment, television (TV), video and advertising industries. The Company’s Software as a Service (SaaS) technology merges television viewership information from televisions and devices with consumer behavior and purchase information across multiple platforms, devices and distribution channels.
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