Fly News Breaks for May 25, 2016
CRTO
May 25, 2016 | 15:28 EDT
Pacific Crest said it was already known that Facebook (FB) would be phasing out the FBX ad exchange and that Criteo's (CRTO) guidance factored such a scenario in. The firm, which has an Overweight rating on Criteo, said the shares should not be down on the Wall Street Journal's report about Facebook.
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