WPP shares tumble as company cuts growth forecast By Investing.com
Update: 2025-10-30
Description
**Summary:**WPP, a major advertising company, saw its shares plummet by 13% after reporting disappointing third-quarter results and lowering its full-year growth outlook. The company now predicts a revenue drop of 5.5-6% for 2025, with weak performance in media and major markets like the UK, North America, and China. Despite some growth in India and the healthcare sector, the company's new CEO, Cindy Rose, acknowledged the unacceptable performance and plans to simplify offerings, expand into technology, and stabilize finances. However, investors remain concerned as the company sticks to its financial guidance for the year.
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