Perion Network Ltd. (PERI) climbed 8.99 percent to $8.85 during Wednesday's trading after the company shared preliminary first quarter 2025 results, projecting revenue of approximately $88 million and adjusted EBITDA of around $1.5 million.
The stock opened at $8.36 and traded between $8.31 and $9.10 on the Nasdaq. Volume reached nearly 494,000 shares, topping its daily average of 433,000.
Perion shares have traded between $7.00 and $13.49 over the past 52 weeks.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.