Somewhat Negative Press Coverage Somewhat Unlikely to Affect LightInTheBox (LITB) Stock Price

News stories about LightInTheBox (NYSE:LITB) have been trending somewhat negative on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LightInTheBox earned a news impact score of -0.02 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.443203776453 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

A number of equities analysts recently issued reports on the company. ValuEngine upgraded LightInTheBox from a “sell” rating to a “hold” rating in a research note on Friday. BidaskClub raised shares of LightInTheBox from a “strong sell” rating to a “sell” rating in a research note on Saturday, November 4th.

Shares of LightInTheBox (NYSE LITB) traded up $0.07 during mid-day trading on Tuesday, hitting $1.87. 49,623 shares of the company were exchanged, compared to its average volume of 23,606. LightInTheBox has a 12-month low of $1.61 and a 12-month high of $3.20.

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About LightInTheBox

LightInTheBox Holding Co, Ltd. (LightInTheBox) is an online retail company that delivers products directly to consumers around the world. The Company offers a range of products through www.lightinthebox.com, www.miniinthebox.com and its other Websites, as well as mobile applications, which are available in approximately 30 languages.

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