WPP Stock Stumbles Following Anticipated Q4 Revenue Decline
CEO Mark Read acknowledged a need to improve in automotive and healthcare categories
"Things are on track to get to where we need to get to" in 2020, according to WPP CEO Mark Read.
WPP
Key insights:
- CEO Mark Read stressed the earnings report was in line with expectations.
- 2019 was a transitional year for the holding company, according to a Forrester analyst.
- WPP projects flat growth for 2020, no guidance yet on coronavirus impact.
WPP stock took a dive this morning after the holding company reported a decline in Q4 revenue.
