Why Did IPDN Soar 5.76%? RemoteMore Revenue Up 55.7%

Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Sep 3, 2025 4:45 am ET1min read
IPDN--
Aime RobotAime Summary

- IPDN's stock surged 5.76% pre-market on Sept 3, 2025, reversing a 19.58% drop the prior day due to KDJ golden cross and concentrated buying.

- Despite no new developments, IPDN's shares jumped 268.05% to $7.19, with a 288% gain over the past month driven by RemoteMore's 55.7% YoY revenue growth.

- However, total revenue fell 2.9% to $1.64M in Q2 2025 as core diversity hiring segments declined, highlighting mixed performance despite RemoteMore's success.

On September 3, 2025, Professional Diversity Network, Inc. (IPDN) surged 5.76% in pre-market trading, marking a significant rise in its stock price.

IPDN's stock has been highly volatile in recent weeks, with a notable plunge of 19.58% in pre-market trading on September 2, 2025. This volatility was driven by a KDJ golden cross and concentrated buying, which had previously led to a substantial price surge.

Despite the lack of new company developments, IPDN's stock skyrocketed 268.05% to $7.19 during Friday's session. This dramatic increase has caught the attention of investors, who have seen the stock price rise by 288.0% over the past month.

One of the key factors contributing to IPDN's recent performance is the growth of its RemoteMore segment. In Q2 2025, RemoteMore's revenue grew by 55.7% year-over-year, which helped to narrow the company's overall loss. However, the core diversity hiring segments shrank, leading to a 2.9% decline in total revenue to $1.64 million.

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