InnerWorkings Inc. (INWK) Plunges 10.64%

InnerWorkings Inc. (INWK) Plunges 10.64%

InnerWorkings Inc. (INWK) had a rough trading day for Monday November 11 as shares tumbled 10.64%, or a loss of $-0.53 per share, to close at $4.45. After opening the day at $4.88, shares of InnerWorkings Inc. traded as high as $4.89 and as low as $4.22. Volume was 265,852 shares over 2,535 trades, against an average daily volume of n/a shares and a total float of 51.95 million.

As a result of the decline, InnerWorkings Inc. now has a market cap of $231.17 million. In the last year, shares of InnerWorkings Inc. have traded between a range of $5.69 and $2.58, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.

InnerWorkings Inc. is based out of Chicago, IL and has some 2,000 employees. Its CEO is Richard S. Stoddart.

InnerWorkings Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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