Why Criteo Shares Rose 20% in July
What happened
Shares of Criteo(NASDAQ:CRTO) gained 20.2% in July, according to data from S&P Global Market Intelligence. The online advertising campaign specialist saw several sudden jumps and drastic drops last month, but it all added up to a solid 30-day gain.
So what
Criteo started July with a bang. The company updated its second-quarter guidance based on stronger-than-expected results in Europe and the Americas, sending stock prices 17% higher on July 6. That jump faded out over the f…
