Why DoubleVerify Stock Fell Off a Cliff This Week
DVDoubleVerify(DV) The Motley Fool·2024-05-11 06:49

The company didn't deliver with its inaugural set of quarterly figures for this year. One of the tech stocks more deeply in the red over the past few trading days was advertising technology specialist DoubleVerify Holdings (DV 0.32%). That's because it missed the average analyst estimate for profitability, reduced its guidance, and was socked with several price target cuts from prognosticators. Those factors were too great to overcome. According to data compiled by S&P Global Market Intelligence, DoubleVeri ...