CSIMarket
 
Cardlytics Inc   (NASDAQ: CDLX)
Other Ticker:  
 
 


 CDLX $1.7800 $-0.0100 -0.56%

 Volume (M): 972   Open : 1.80    52 Wk Avg :  3.33


Cardlytics Inc CDLX OHLC Open High Low Closing Chart




  What happened with Cardlytics Inc's Stock

Analysis:'

In September 2024, Cardlytics Inc. (NASDAQ: CDLX) experienced a notable yet paradoxical performance in its stock pricing. While the shares saw an increase of 21.56%, rising from $3.89 to $4.20, the overall market trends presented a contrasting narrative. Specifically, Cardlytics' performance lagged behind that of the broader market, particularly within the technology sector, which recorded an average gain of 0.12%, and the Internet Services and Social Media industry, with a robust increase of 5.17%. This disappointing performance was particularly evident in the fluctuations that the stock experienced throughout the month.

On September 3rd, Cardlytics' shares hit a low of $3.08, marking the worst single-day performance with a drop of 7.93%. This alarming decline signaled underlying investor concerns, particularly as the stock reached its peak of $4.20 shortly thereafter on September 19, before subsequently falling to $4.09 by the end of the month. Notably, on September 26, the stock dropped by 0.9% due to increasing scrutiny from investors concerning the company's revenue trajectory and operational efficiency.

The backdrop of this fluctuating stock performance is a climate characterized by dwindling revenues and rising costs, culminating in a 9.21% year-on-year revenue decline. This financial situation, coupled with a marginal decrease in the cost of revenues for corporate clients, raises questions about Cardlytics? strategic direction and market adaptability. Investor confidence, already shaken by these figures, reveals a clear need for Cardlytics to bolster its accountability and reassess its operational strategies if it hopes to regain favor in the competitive digital advertising landscape. The company's challenges during this month highlight an urgent need for strategic innovation to navigate the shifting market dynamics successfully.





In August 2024, Cardlytics Inc. experienced a dramatic decline in its stock price, plummeting by 50.76% from $8.29 to $3.91. The month started with a peak stock price of $8.36 on August 1, but by August 8, the shares reached an alarming low of $2.89, marking their worst day with a loss of 57.1%. This troubling trajectory reflects a broader trend of underperformance, as the company's shares fared significantly worse than both the CSIMarkets index for its suppliers and the wider market, which saw average gains of 5.66% in the Internet Services and Social Media sector.

The downward spiral primarily intensified after the release of Cardlytics' financial results on August 7, which triggered a 5.74% drop in stock value, suggesting that the outcomes may have disappointed investors. Additionally, the stock witnessed a slight recovery on August 19, climbing 1.36% following news of the granting of restricted stock units to new hires, a move positioned as a strategic effort to attract talent amidst a challenging operational climate. However, this increase was marginal compared to the overall decline experienced throughout the month.

Cumulatively, the negative performance over August showcases significant challenges for Cardlytics, pointing toward a need for strategic refocusing to regain investor confidence and enhance market position.



In July 2024, Cardlytics Inc experienced a notable increase in its stock price, rising by 4.58% from $8.19 to $8.29. This performance is particularly significant when compared to the broader market, where average stock performance saw only a modest gain of 0.55%. Such a disparity indicates that Cardlytics is experiencing a level of demand that surpasses general market sentiments within the Internet Services and Social Media industry, which itself was down by an average of 3.37% during the same time frame.

Despite the overall positive trajectory for Cardlytics in July, the month was marked by considerable volatility. The stock experienced its worst single-day performance on the 3rd of July, plummeting by 8.42%, ultimately reaching a low of $7.73 on the same day. However, this downturn did not set the tone for the rest of the month, as the stock rebounded to its highest point at $9.4799 on July 23, showcasing a recovery from the earlier dip. This significant fluctuation highlights both the unpredictability of the market and Cardlytics? resilience.

Overall, the performance indicates that while Cardlytics faced challenges, its ability to recover and outperform the market trends underscores potential investor confidence and positioning within the industry.

'Report on Cardlytics Inc. Share Performance June 2024'

In June 2024, shares of Cardlytics Inc. experienced notable fluctuations, concluding the month with a decrease of 7.8%, falling from a starting price of $8.85 to $8.21 by the end of the month. This performance placed Cardlytics' shares in stark contrast to the broader market, particularly as shares within the Internet Services and Social Media industry surged by an average of 11.59% during the same timeframe. As a result, Cardlytics Inc. shares consistently lagged behind its industry peers.

The month saw Cardlytics reach its highest share price on June 12, hitting $9.78. This peak, however, was short-lived, as the shares could not maintain this upward momentum. A significant decline occurred on June 20, when Cardlytics shares reached their lowest point of the month, dropping to $7.78. These fluctuations indicate a turbulent period for the company, further evidenced by its worst day, which marked a substantial downturn that contributed to the overall decline throughout June.

While Cardlytics struggled, the broader market trends in the Internet Services sector highlighted an era of growth and optimism within the industry. Investors may have reacted to the underperformance of Cardlytics shares, which ultimately hampered its positioning within a thriving market. This juxtaposition raises questions about the company's strategy and future trajectory as it navigates the competitive landscape of the digital economy.





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com