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Why Criteo Stock Is Skyrocketing Today

·2 min read
Why Criteo Stock Is Skyrocketing Today
In this article:
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  • CRTO
  • GOOGL

Digital marketing expert Criteo (NASDAQ: CRTO) reported fantastic third-quarter results on Wednesday morning, sending shares as much as 32.3% higher. Criteo's sales after subtracting traffic acquisition costs (ex-TAC revenue) rose 13% year over year in the third quarter to $211 million. Sales were flat in the Americas but Criteo's business is booming in the Asia-Pacific and Europe, Middle East, and Africa (EMEA) regions.