#AdBlock consequences? "Ad tech stocks are getting...
#AdBlock consequences? "Ad tech stocks are getting clobbered right now" http://t.co/3IEf4E3ZFu
August 11, 2015
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Ad tech stocks are getting clobbered right now
Almost every public ad tech company's stock is getting clobbered right now. Why? It seems like investors are reacting to a poor showing in Q2 earnings from Millennial Media and YuMe. YuMe's co-founder and CEO Jayant Kadambi described his company's quarter as "disappointing." Revenue was flat, missing expectations, while EPS of $0.17 missed by $0.08.