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SEMrush Holdings, Inc. (SEMR) Moves 11.1% Higher: Will This Strength Last?
SEMRSEMrush (SEMR) Zacks Investment Research·2024-02-08 17:06

SEMrush Holdings, Inc. (SEMR) shares soared 11.1% in the last trading session to close at 12.45.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestocks9.812.45. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.8% loss over the past four weeks.SEMRush is benefiting from an expanding clientele. It had approximately 106,800 paying customers as of Sep 30, 2023, up nearly 14% year over year.This company is expected to post quarterly earnings of 0.03 per share in its upcoming report, which repre ...