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Criteo Reels as Business Trends Soften

TheMotleyFool

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Criteo's (NASDAQ: CRTO) third quarter may have technically been mixed relative to the market's expectations, but the ad-retargeting specialist continued to rightly tout progress in its ongoing transformation to a multiproduct model. Even so, it certainly didn't help that Criteo followed by naming a new CEO today and also effectively lowering its full-year outlook, citing market uncertainty and softening trends with some larger customers.

With shares down around 16% as the market absorbed the news, let's take a closer look at how it fared over the past few months:

Q3 2019

Source Fool.com

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