Entravision Communications is trading 5.06% down now at $8.44 after investors continued reassessing management’s warning that exceptional second-quarter advertising-technology performance will not repeat.
- Q2 revenue reached $227.9 million, but management expects Q3 revenue to decline sequentially because of variable large-client spending.
- Broader weakness also contributed, with the Nasdaq down 1.41% and the S&P 500 down 0.64%, intensifying pressure on growth-oriented shares.