NerdWallet Hangs Just Off Lows With Traders Watching One Issue
NerdWallet Inc. climbed about 1% in midday trading on the Nasdaq Thursday, but the move left shares near the low end of their 52-week range. The stock last changed hands around $8.56 to $8.57 after starting the day at $8.49. NerdWallet’s 52-week low sits at $7.33, with a high at $16.24, according to Google. This is key since the trade hinges less on a single new company update and more on if investors see NerdWallet keeping higher profit margins as pieces of its growth slow.