Advertising Giant WPP's Shares Plunge 18% As Economic Uncertainty, AI Threat Dim Forecasts

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  Posted by Two Blokes Jul 9 - Filed in Stock - 4 views
  
  Shares in London-based advertising giant WPP plunged 18% on Wednesday, stoking broader anxiety about the state of the ad business. The stock settled at $29.34, its lowest point since the onset of Covid in 2020, after lackluster quarterly earnings results and the company's unexpected lowering of profit forecasts.