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Squirrel Media SA ( (ES:SQRL) ) has shared an update.
Squirrel Media SA has announced a preliminary agreement to acquire several companies, including Pretopay Inc, a U.S.-based payment platform for monetizing premium social media content, and a majority stake in Tipsterpage, a digital platform that aids sports analysts in monetizing their audiences. This strategic acquisition aims to enhance Squirrel Media’s capabilities in managing technology activities and social media content creators, particularly in the Spanish-speaking markets of Spain and Latin America. The move is expected to bolster Squirrel Media’s growth and positioning in the dynamic influencer advertising market, which saw significant growth in Spain in 2024.
More about Squirrel Media SA
YTD Price Performance: 77.97%
Average Trading Volume: 1,178
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €209.4M
Learn more about SQRL stock on TipRanks’ Stock Analysis page.