LADbible shares plummet on social & Google changes

Shares in LADbible’s parent company plummeted on Tuesday after it said algorithm changes had resulted in a steep decline in Facebook advertising revenue and Google visibility. Shares in LBG Media plc fell 34% as half-year profits were mostly wiped out despite a substantial increase in revenue. Founder and CEO Solly Solomou said its indirect business … Continue reading LADbible shares plummet on social & Google changes