|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||29.50 - 29.50|
|52-week range||29.50 - 29.50|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||0.14|
|Earnings date||03 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Shares of advertising platform Criteo (NASDAQ: CRTO) were up on Wednesday, after the French company released financial results for the second quarter of 2022. As of 3 p.m. ET, Criteo stock was up 10%. This industry can be loosely tracked with an exchange-traded fund (ETF) like SmartETFs Advertising & Marketing Technology ETF.
We think intelligent long term investing is the way to go. But no-one is immune from buying too high. For example...
Shares of many advertising-technology (adtech) stocks got crushed this week, including demand-side platforms (DSP) The Trade Desk (NASDAQ: TTD) and Criteo (NASDAQ: CRTO), and supply-side platforms (SSP) Magnite (NASDAQ: MGNI) and PubMatic (NASDAQ: PUBM). Investors had expected one of these other ad-tech stocks to be the beneficiary of Netflix's move toward ads. Disney also made an adtech deal with The Trade Desk, which is why The Trade Desk stock wasn't down as much as some of these other stocks this week.