Taboola moving on 30-Year Commercial Agreement with Yahoo News

(24/7 MARKET NEWS) – Taboola (NASDAQ: TBLA) stated, this morning, that it entered a 30-year, exclusive commercial agreement Yahoo, where it will exclusively power native advertising across all of Yahoo’s digital properties, creating new contextual channel for advertisers to reach nearly 900 million monthly active users, and will be available to purchase through the Yahoo DSP.

Taboola is trading in this morning’s premarket at $1.98, 14 cents higher (+7.61%), on nearly 600 thousand shares.

Its 52-week range is $1.52 to $8.55, with its next inflection points at $2.14 and $2.50.

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