Support.com (SPRT) Jumps Over 15%: Is It Risky To Invest Yet?

Support.com has gained 18% and is currently higher by $0.65 at $4.95 on a volume of 531,818 shares. The stock has surged from the price of $4.37 on July 19 to $5.20 and jumped to $5.74 as of right now. The market is now open and the stock is continuing to soar. The company’s market capitalization equals $141.743 million.

Support.com is a stock that has returned 222% over the past year. It provides outsourced support services to home-based employees. Support.com, a tech company that connects users to support systems, merged with Greenidge Generation, a cryptocurrency mining firm, to create a public company. Renaissance Technologies has a position in Support.com, Inc. (NASDAQ: SPRT).

Support.com is a leading provider of outsourced technical support and customer service solutions. The company’s offerings include managed technology platforms and self-service solutions that cater to various vertical markets, such as media and communications, healthcare, and retail. Its tech support services are available to consumers and small businesses via a variety of online platforms and subscription models. It also offers SUPERAntiSpyware software, which is a malware removal tool; and Guided Paths, which consists of step-by-step instructions to help customers resolve issues.

Richard McEntire

Finance and Entertainment Reporter Richard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.

Want Hot Stocks?    Yes. I Love Them No thanks