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WPP’s market cap just dropped by $2.6 billion as tech giants disrupt everything

When WPP reported less-than stellar 2017 earnings this morning, its weakest underlying revenue growth since 2009, it caused the stock to drop by 13%–it’s biggest decline since 1998–wiping about $2.6 billion off its market cap. As the world’s largest advertising corporation, parent company to ad agencies like J. Walter Thompson and Grey, as well as … Continue reading “WPP’s market cap just dropped by $2.6 billion as tech giants disrupt everything”