Why PERI rose 30.3% on Nov 2 2026: cash acquisition
PERI+30.3%on Mon Nov 2 2026
Perion Network Ltd. was up 30.3% on the day at $11.34, ranked #5 on 257× its usual five-minute volume, when TapeRank recorded this spike at 04:03 ET during the pre-market session.
THE DAY ON THE LIST · 1 EVENT
- 04:03 ETMOVER · PRE-MARKET
$11.34 · ▲ 30.3% ON THE DAY · 257× 5M RVOL · RANK #5
JUSTIFIEDCONFIDENCE5/5Perion is up 30.2% to $11.33 after agreeing to be acquired by Affle for $11.70 per share in cash. The move is consistent with the disclosed cash-takeover price, although the stock remains modestly below the deal consideration.
WHYA 30.2% jump is supported by a definitive $11.70-per-share cash acquisition valued at about $420 million, with only a small discount remaining to the offer price.ANALYZED 04:01 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 04:03 ET
LAST11.34DAY▲ 30.3%5 MIN▲ 1.25%5M RVOL257×5M $VOL$524KFLOAT*39.0MRANK#5SESSIONPRE-MARKETVWAP11.28HOD11.36LOD10.35OR HIGH—OR LOW—PREV CLOSE8.70PM HIGH11.36PM LOW10.35GAP▲ 30.23% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $11.42, +31.3% on the previous close of $8.70
- 09:31 ETRegular-session low, $11.37
- 11:46 ETRegular-session high, $11.43
- 15:59 ETLast trade of the regular session, $11.40, +31.0% on the previous close of $8.70
- Volume: 5.2M shares in regular hours, 2.6M before the open
PERI opened at $11.42 on Monday after rising 31.3% from the previous close, dipped to $11.37 shortly after the open, and reached $11.43 late in the morning before ending the regular session at $11.40, up 31.0%. TapeRank found the move justified by news that Perion had agreed to be acquired by Affle for $11.70 per share in cash, valuing the company at about $420 million; the stock remained modestly below that consideration. With no halts, the session held most of its opening gain through the close.
WRITTEN MON NOV 2 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
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