Giftify shares surge 22.58% intraday after reporting 14% rise in gift card sell orders and new seller growth in early 2026.
ByAinvest
Tuesday, Mar 31, 2026 3:42 pm ET1min read
GIFT--
Giftify surged 22.58% intraday after reporting a 14.2% increase in gift card sell orders on its CardCash.com platform during early 2026. The company also noted a 18.5% rise in new sellers during the same period, attributed to a multi-channel digital marketing initiative. The results highlight growing momentum in the sell-side marketplace, with CEO Ketan Thakker emphasizing the platform’s increasing value to both buyers and sellers. Despite a 60% decline in GIFT shares over the past year, the performance indicates strengthening demand and operational growth, supporting a potential valuation rebound.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue



Comments
No comments yet