WPP shares plunge as falls behind ad rivals in post-Sorrell era [Reuters (UK)]
WPP plc American Depositary Shares (WPP)
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Source: Reuters
WPP shares plunge as falls behind ad rivals in post-Sorrell era | Reuters 3 Min Read LONDON (Reuters) - WPP ( WPP.L ) lost a fifth of its market value on Thursday after a major downturn at its creative agencies in New York and London forced it to cut its sales and profit forecasts, ramping up the pressure on new boss Mark Read. The share fall wiped 2.8 billion pounds ($3.6 billion) off WPP’s market capitalization, taking the stock to a six-year low. Read, who inherited the world’s biggest advertising group when its founder Martin Sorrell left abruptly in April, said WPP needed to sell assets and hold off acquisitions to fund an investment drive for more talent at its agencies such as JWT, Ogilvy and Y&R.; The British group, which will start by selling a stake in data analytics group Kantar, stood in contrast to its peers Omnicom ( OMC.N ), IPG ( IPG.N ) and Publicis ( PUBP.PA ) which have all reported relatively stable trading of late. WPP shares were down 20 percent at 0715 G
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WPP
News
- WPP Deadline: WPP Investors with Losses in Excess of $100K Have Opportunity to Lead WPP plc Securities Fraud LawsuitPR Newswire
- WPP plc Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before December 8, 2025 to Discuss Your Rights - WPPPR Newswire
- WPP FINAL DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages WPP plc Investors with Losses in Excess of $100K to Secure Counsel Before Important December 8 Deadline in Securities Class Action - WPPGlobeNewswire
- WPP plc (WPP) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud LawsuitPR Newswire
- WPP PLC (NYSE: WPP) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds WPP plc Investors of Upcoming DeadlineGlobeNewswire
WPP
Sec Filings
- 12/2/25 - Form 6-K
- 12/2/25 - Form 6-K
- 12/1/25 - Form 6-K
- WPP's page on the SEC website