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Blucora (BCOR) provides white label search and monetization solutions to Web publishers worldwide. The company also operates its own branded search sites, including Dogpile, a metasearch engine, as well as MetaCrawler and WebCrawler.
The Company provides online tax preparation solutions to consumers and professional preparers. The Company's search business consists primarily of a business to business offering that provides its search technology, aggregated content and services to its distribution partners.
In addition, it offers online tax preparation solutions to consumers and professional preparers. The company was formerly known as InfoSpace, Inc. and changed its name to Blucora, Inc. in June 2012. Blucora, Inc. was founded in 1996 and is headquartered in Bellevue, Washington.
Shares have formed a bullish "flag" and higher prices are expected for this stock.
52-Week Trading Range: $7.97 - $18.43
Last Trade: $17.60
Stop Loss: $16.72
Target Price: $19.40
The position was closed after the firm issued a lower than expected outlook.
