Zedge (ZDGE) Soars 80% Year To Date: What To Do Now?

As the earnings season continues apace, several stocks are going to come into focus as and when the companies in question announce financial results.

Content distribution company Zedge Inc (NYSE: ZDGE) is going to announce its financial results for the second quarter of 2021 today and could be in sharp focus among investors. In this regard, it is also important to point out that the stock has performed impressively in 2021 and soared by as cosmic as 80% so far.

The company’s earnings are going to be published on its website at 4:10 p.m. Eastern time today. In this situation, the stock is likely going to be on the watch lists of many investors who might want to cash in on a creditable performance from Zedge. On the other hand, the management at the company is also going to host a conference call starting at 4:30 p.m. Eastern Time. It remains to be seen if the stock is in action today.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.

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