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DoubleVerify Holdings, Inc.

Company NameDoubleVerify Holdings, Inc.
Stock SymbolDV

On May 7, 2024, DoubleVerify released its first quarter 2024 financial results and reduced its fiscal 2024 revenue guidance, disclosing that there had been a pullback in customer spending on advertising beginning in April after the Company publicly apologized for displaying incorrect data regarding brand safety score for X advertisers for nearly five months.

On this news, DoubleVerify’s stock price fell $11.79, or 38.5%, to close at $18.78 per share on May 8, 2024, thereby injuring investors.

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