Shares of ad giant Publicis plunge after cut to revenue guidance
July 19, 2019 at 06:21 AM EDT
Shares in French advertising conglomerate Publicis slumped after the group cut its 2019 revenue growth guidance. On Friday, the company reported lower-than-expected revenue for the second-quarter of 2019. Shares of Publicis plunged 8.5% to their lowest level since December 2012.