A Retarget On Their Back; FuboTV Touts Its TieUp With Disney

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News Source : AdExchanger

News Summary

  • Criteo shares dropped by 24% yesterday after reporting sluggish, down-trending Q2 earnings.
  • The company’s market cap dipped below $1 billion for the first time since the 2020 stock market crash.
  • Criteo jumped the gun by forecasting certain enterprise ad platform commitments that never materialized, so its reported earnings have consistently fallen below its guidance to investors this year.
  • On the brighter side, FuboTV touted that its integration with Disney Ad Server is complete.
Criteo Loses A Comma Criteo shares dropped by 24% yesterday after reporting sluggish, downtrending Q2 earnings.

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