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Tag: advertising

AG announces settlement to stop ‘deceptive advertising’ of mobile device carriers

May 12—WILKES-BARRE — Attorney General Michelle Henry this week announced a $10.25 million, 50-jurisdiction settlement with several major mobile device service carriers regarding allegedly deceptive advertising practices, including claims of “unlimited” data plans and “free” phones. The multi-jurisdictional settlement reached with AT&T, Verizon Wireless, Cricket and T-Mobile requires the carriers to be truthful in future […]

AppLovin Stock Jumps On Q1 Beat As Advertising Market Improves

Mobile app marketing platform AppLovin (APP) late Wednesday smashed Wall Street’s targets for the first quarter and guided higher for the current period. AppLovin stock jumped in extended trading. X The Palo Alto, Calif.-based company earned 67 cents a share on sales of $1.06 billion in the March quarter. Analysts polled by FactSet had expected […]

Reddit’s Enhanced Advertising Tools Drive ‘Sizable Upside’: JPMorgan

Reddit’s Enhanced Advertising Tools Drive ‘Sizable Upside’: JPMorgan Reddit Inc (NYSE:RDDT) shares are on the rise following the company’s impressive first-quarter sales performance, which surpassed expectations. Reddit’s stock surged 14.82% in pre-market trading on Wednesday, as it reporting Q1 earnings after the market closed on Tuesday. Reddit’s Q1 earnings per share (EPS) beat estimates by […]