Bridgeline Digital Inc (NASDAQ:BLIN) stock was one of the biggest gainers on Tuesday after the company released news.
Market Action
On Tuesday, BLIN stock moved up 36.67% to $3.39 with more than 5.43 million shares, compared to its average volume of 112K shares. The stock has moved within a range of $ 2.6500 – 3.7100 after opening the trade at $2.67.
Major Trigger:
Last week – U.S. Haircutting Franchise Renews with Unbound CMS by Bridgeline
Key Highlights:
- Bridgeline Digital announced that one of the largest U.S.-based haircutting franchises has signed a long-term contract with Unbound CMS.
- The company has more than 1,800 locations throughout the United States. The business had been with Unbound CMS since 2012, when the Unbound team originally designed and built their corporate site. Throughout the years, Unbound has also incorporated store locators and developed franchisee local sites. Each franchise site has its own unique URL with a handful of webpages for each location, all powered by Unbound.
- The company recently decided to consolidate the franchises under the main domain and streamline their digital experience while also reducing long-term costs. After evaluating other CMS options on the market, the team recognized that Unbound was the best solution for their project. Unbound will provide the powerful Local Pages solution which was an essential part of closing this franchise-specific renewal deal. The company decided on a 36-month contract to perfect this new digital strategy with Unbound.
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