Synchronoss TechnologiesNASDAQ: SNCR

BRIDGEWATER, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1.

In the closing of the recent trading day, Synchronoss (SNCR) stood at $7.87, denoting a -1.63% change from the preceding trading day.

Synchronoss (SNCR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

In the most recent trading session, Synchronoss (SNCR) closed at $7.85, indicating a +1.29% shift from the previous trading day.

BRIDGEWATER, N.J., June 07, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today announced that the Company issued a restricted stock and stock option award to one newly hired employee. This grant was an inducement award that was approved by the Compensation Committee of Synchronoss' Board of Directors, and granted as an inducement equity award under the Company's 2017 New Hire Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Synchronoss (SNCR) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SNCR broke through the 20-day moving average, which suggests a short-term bullish trend.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Zacks.com users have recently been watching Synchronoss (SNCR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Synchronoss (SNCR) passed our screening for 'Fast-Paced Momentum at a Bargain' and may be a promising option for investors seeking stocks with recent strong momentum and attractive valuations.