Why Criteo Stock Is Soaring Today

Shares of Criteo (CRTO 17.92%) rose as much as 25.4% on Thursday morning before falling back to a still-impressive 17.7% gain as of 2:30 p.m. ET. The Paris-based digital advertising expert reported strong fourth-quarter results on Wednesday evening,Criteo's Q4 by the numbersCriteo's revenue (after deducting traffic acquisition costs, or ex-TAC) rose 12% year over year to $316 million, while unadjusted earnings more than quadrupled from$0.25 to $1.02 per diluted share. Adjusted bottom-line profits jumped 81 ...