Criteo Stock Plunges 11.02% in Three Days as JPMorgan Lowers Target

Criteo's (CRTO) stock price fell 1.62% today, marking its third consecutive day of decline, with a total drop of 11.02% over the past three days. The share price hit its lowest level since February 2024, experiencing an intraday decline of 3.28%.

JPMorgan Chase & Co. recently lowered their price target on Criteo shares from $48.00 to $39.00 and set a "neutral" rating for the company. This adjustment could have contributed to the recent decrease in Criteo's stock price, as investors may be reassessing their expectations for the company's future performance.