Cvent (CVT) Earning Somewhat Favorable Media Coverage, Report Finds

Media headlines about Cvent (NYSE:CVT) have trended somewhat positive on Friday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cvent earned a news impact score of 0.11 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 45.9636068915132 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Cvent (NYSE CVT) remained flat at $$36.00 on Friday. 775,100 shares of the company traded hands, compared to its average volume of 599,148. Cvent has a twelve month low of $17.85 and a twelve month high of $37.25.

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About Cvent

Cvent, Inc is a cloud-based enterprise event management company. The Company provides solutions for both sides of the events and meetings value chain, such as event and meeting planners, through its Event Cloud, and hoteliers and venues, through its Hospitality Cloud. The Company offers planners a platform that addresses the entire lifecycle of events and meetings, including budgeting, planning, venue sourcing, marketing, management and measurement of meetings.

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