TigerLogic (OTCMKTS:TIGR) Shares Down 6.7%

TigerLogic Corp. (OTCMKTS:TIGR) traded down 6.7% during mid-day trading on Thursday . The stock traded as low as $4.90 and last traded at $4.90, 1,219,048 shares traded hands during trading. A decline of 58% from the average session volume of 2,934,786 shares. The stock had previously closed at $5.25.

The business has a 50-day moving average price of $4.97.

TigerLogic (OTCMKTS:TIGR) last posted its quarterly earnings data on Friday, May 17th. The software maker reported ($0.04) earnings per share for the quarter. The company had revenue of $9.60 million for the quarter.

About TigerLogic (OTCMKTS:TIGR)

TigerLogic Corporation is engaged in the design, development, sale and support of Postano, a socialmedia content aggregation and visualization platform. Postano is sold through the Company’s sales personnel located in the United States, as well as through co-marketing arrangements with third parties.

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