November 21, 2016 - By kentuckypostne · 0 Comments
Remark Media Inc (NASDAQ:MARK) institutional sentiment decreased to 0.33 in 2016 Q2. Its down -2.00, from 2.33 in 2016Q1. The ratio has worsened, as 7 funds increased or started new positions, while 3 reduced and sold positions in Remark Media Inc. The funds in our partner’s database now own: 3.38 million shares, down from 3.46 million shares in 2016Q1. Also, the number of funds holding Remark Media Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 1 Reduced: 2 Increased: 5 New Position: 2.
Remark Media, Inc. owns, operates and acquires digital media properties across multiple verticals. The company has a market cap of $104.74 million. The Firm operates through the travel and entertainment segment. It currently has negative earnings. The travel and entertainment segment includes the Vegas.com and its Roomlia mobile application.
About 7,587 shares traded hands. Remark Media Inc (NASDAQ:MARK) has risen 2.45% since April 19, 2016 and is uptrending. It has underperformed by 1.41% the S&P500.
Analysts await Remark Media Inc (NASDAQ:MARK) to report earnings on November, 28.
According to Zacks Investment Research, “Remark Media, Inc. is a digital media company focused on developing social media businesses that incorporate relevant content. It offers web services and proprietary platforms that provide brands opportunities to build consumer awareness, promote content engagement and foster brand-customer interactions. The Company’s leading brands, BoWenWang and ComoTudoFunciona, provide readers in China and Brazil with thousands of articles about how the world around them works. It is a digital publisher in China and Brazil for translated content from HowStuffWorks.com, a subsidiary of Discovery Communications, and in China for certain content from World Book. The Company is also a founding partner and developer of the U.S.-based product Sharecare, a social Q&A healthcare platform organizing and answering the questions of health. Remark Media, Inc., formerly known as HSW International, Inc., is headquartered in Atlanta with additional operations in New York, Beijing and Sao Paulo.”
Remark Media, Inc., incorporated on March 14, 2006, owns, operates and acquires digital media properties across multiple verticals that deliver culturally relevant and dynamic content. The Firm operates through the travel and entertainment segment. The travel and entertainment segment includes the Vegas.com and its Roomlia mobile application. The Firm is engaged in the sale of various travel and entertainment products, including lodging, air travel, show tickets and tours, which are booked through its travel and entertainment segment, consisting of Vegas.com and its related Websites, including LasVegas.com, mobile applications and retail locations. KanKan, the Company’s social media application and data intelligence platform, aggregates content and consumer-shopping data across social media platforms around the world, and then stores it after scrubbing, analyzing and organizing the collected information. For users, the application allows them to explore the world around them, communicate with friends, make friends and respond to each other’s social media posts, regardless of the social media network on which activity originates.
More notable recent Remark Media Inc (NASDAQ:MARK) news were published by: Prnewswire.com which released: “Remark Media Completes Acquisition of Vegas.com” on September 25, 2015, also Quotes.Wsj.com with their article: “News Remark Media Inc.MARK” published on December 31, 2011, Prnewswire.com published: “Remark Media Announces Update on Development of “KanKan” Social Media App” on March 03, 2015. More interesting news about Remark Media Inc (NASDAQ:MARK) were released by: Prnewswire.com and their article: “Remark Media Secures Marketing Representation Deal with Lyft Las Vegas” published on December 01, 2015 as well as Prnewswire.com‘s news article titled: “Remark Media Signs Definitive Agreement to Acquire China Branding Group” with publication date: May 16, 2016.
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