Shares of Inuvo Inc (NYSEAMERICAN:INUV) gapped down prior to trading on Wednesday . The stock had previously closed at $0.31, but opened at $0.68. Inuvo shares last traded at $0.72, with a volume of 2450 shares traded.
Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its holdings in shares of Inuvo by 4.9% in the first quarter. Renaissance Technologies LLC now owns 1,713,190 shares of the technology company’s stock valued at $2,124,000 after acquiring an additional 79,800 shares in the last quarter. Perkins Capital Management Inc. raised its holdings in shares of Inuvo by 1.7% in the first quarter. Perkins Capital Management Inc. now owns 652,527 shares of the technology company’s stock valued at $809,000 after acquiring an additional 11,082 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Inuvo in the fourth quarter valued at about $42,000.
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Inuvo Company Profile (NYSEAMERICAN:INUV)
Inuvo, Inc, together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The company's digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time.
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