0.118
7.54%
-0.0318
Why is Remark Holdings Inc (MARK) Stock down?
31 Jan, 2024:
Remark Holdings Inc (MARK) due to an initial rally following a five-year partnership announcement with Microsoft. The partnership involves cloud services and marketing, with Remark AI utilizing $80 million of Microsoft Azure services. Microsoft will co-market Remark AI's services on the Azure Marketplace, offer Azure credits, and provide consulting and migration credits. Additionally, Remark amended its bylaws to change the required support for shareholder meeting votes from a majority to one-third of eligible shares.
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