WPP Attributes Surprisingly Weak 2017 to Client Budget Cuts and the Rise of Ecommerce

Group suffers worst stock drop in nearly 20 years

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WPP suffered its worst stock drop (14 percent) in nearly two decades, it announced today during an earnings call in which CEO Martin Sorrell bluntly admitted that 2017 was “not a pretty year” for the world’s largest holding group.

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