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A Quick Take On SEMrush
SEMrush Holdings, Inc. (NYSE:SEMR) went public in March 2021, raising $140 million in gross proceeds from an IPO that priced at $14.00 per share.
The firm operates an SaaS platform business that enables businesses to execute and manage their online marketing efforts.
Given the uncertainties in the current economic environment and management’s stated expectation to “maintain the higher levels of spending” into 2022, my outlook is…
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