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Why Criteo Stock Was on Fire This Week

TheMotleyFool

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Why Criteo Stock Was on Fire This Week: https://g.foolcdn.com/editorial/images/878370/young-person-at-a-desk-using-a-pc-and-tablet-computer-simultaneously.jpg

French adtech company (NASDAQ: CRTO) was the subject of some fairly robust takeover speculation this week, and opportunistic investors piled into it on the hopes it would sell for a substantial premium. The in-demand shares were rising by almost 20% week-to-date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.

That kicked off Monday afternoon, when Bloomberg published an article stating that investment firms Vista Equity Partners and Quinti Capital Partners were trying to acquire Criteo.

Image source: Getty Images.

Source Fool.com