- Ad tech growth stocks are diving in sympathy after Tremor Video (TRMR -47.1%) plunged due to management's guidance for a revenue deceleration of 15% in Q4.
- The sharp declines may offer a buying opportunity in some names, depending on whether Tremor's guidance is a reflection of the company or of the broader industry. Rocket Fuel's revenue surged 132% Y/Y in Q3 and Q4 guidance was above expectations, Criteo's grew 75.4% in Q2, and analysts expect YuMe to grow revenue at a 32.5% clip in Q3.
- Rocket Fuel (FUEL -13.1%), YuMe (YUME -23.4%), Criteo (CRTO -4.8%)