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home / news releases / CRTO - Criteo: Once Again No Rush To Buy The Dip


CRTO - Criteo: Once Again No Rush To Buy The Dip

Summary

Between July and August last year, shares of Criteo (CRTO) quickly dropped over 30% following downside Q3 and lowered guidance. Although the stock looked optically cheap, in this article I recommended readers to disregard bullish “buy the dip” calls and remain on the sidelines. Several concerns were of interest: 1) the ITP impact related to the Apple (AAPL) ecosystem 2) the GDPR law implementation in Europe, 3) the metamorphosis of several long-term customers, namely Facebook (FB) and Amazon (AMZN) in competitors. All mentioned worries have proven

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Stock Information

Company Name: Criteo S.A.
Stock Symbol: CRTO
Market: NASDAQ
Website: criteo.com

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