CNBC Squawk Alley June 22, 2024
Getting hit even though earnings and revenue topped estimates. Shares were up more than 14 at one point yesterday afterhours but started to fall during the call and down about almost 8 . Some of the drop probably attributed to investor concerns over the direction of the advertising portion of the business. John, display ads, decelerating faster quarter on quarter and the stock chart looking at it afterhours its like a roller coaster literally. Feels like they did the math, investors anyway figuring out okay, they raised guidance but when you consider that there was this benefit from them integ...