Marine software shares rose 105% to $ 3.51 following the announcement on Wednesday afternoon.
There were more than 195 million shares, an average of 3.56 million in 65 days.
Hours later, the stock was recently trading at $ 3.09.
He said the technology will enable brands to use Instacart advertising services, such as released product offerings. “The unified low-cost incarceration platform combines paid search and paid social campaigns to generate more demand,” said Marine On.
In May, Marin’s revenue for the first quarter fell 27% to $ 6.3 million, and projected $ 5.5 million to $ 6 million for the second quarter.