A Question Asked ...... Opinion Given The Question : Just wanted to get your current thoughts on AT:CA (Acuity Ads).
I see that they have come down quite a bit from recents highs.
Any reason for this?
Would it be a buying opportunity at +/-$16, or wait for it to settle down a bit?
Also, if you could provide any information in the way of a short synopsis on the company that would be wonderful!!
Thanks.
5I Research's Opinion
Many growth stocks have had a couple of very rough months. Some of AT's peer companies have also declined, so AT has fallen in sympathy. The company is in the digital/programmatic advertising business. Essentially, it helps advertisers place and target ads so that they have the largest impact. Data analytics for example helps advertisers know if their campaigns are being successful.