Giftify, Inc.'s CardCash Announces 57% Year-Over-Year Growth in Face Value of Gift Cards Sold from Black Friday Through Cyber Monday
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Giftify, Inc. (NASDAQ: GIFT) reported a 57% year-over-year increase in the face value of gift cards sold during Black Friday through Cyber Monday, highlighting strong performance in their digital platforms CardCash.com and Restaurant.com.
December 23, 2024 | 2:15 pm
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Giftify, Inc. reported a significant 57% increase in gift card sales during the Black Friday to Cyber Monday period, indicating strong consumer demand and effective platform performance.
The 57% year-over-year growth in gift card sales during a major shopping period suggests strong consumer demand and effective use of Giftify's digital platforms. This positive performance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100