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Taboola shares fall 15% after revenue miss and soft guidance

· 9h ago · Originally reported by Investing.com Australia

Taboola's stock dropped 15% following an earnings report in which revenue came in below expectations and the company issued weaker-than-expected forward guidance. The market reaction suggests investor concern about near-term growth for the content-recommendation and advertising business.

Why it matters

Taboola is a major player in the open-web advertising ecosystem, so a sharp stock decline on weak results signals pressure on ad spending outside the walled gardens of Google and Meta.

Explain it like I’m new here

Taboola shared its report card, the grades were lower than everyone hoped, so people rushed to sell their shares and the price fell.

Read the original at Investing.com Australia

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