UK's Digitalbox plunges after company says earnings to be hit
10/08/2022 08:58
** Shares of UK's digital media firm Digitalbox Plc DBOX.L
down 12.5% at 10.5p
** Company warns challenging macroeconomic conditions may
hurt advertising revenues in second half of 2022 urn:newsml:reuters.com:*:nRSJ4752Va
** Logs its third straight session of losses, suffers
biggest one-day drop in a month
** However, given the "exceptional performance" in H1 2022
company remains confident of meeting market expectations for
FY2022
** Up to Tuesday's close, stock had risen 31.9% so far this
year
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com;))