Innovid Corp rises on layoffs

Innovid

23/01/2023 22:23

** Shares of online advertising technology company Innovid
Corp  CTV.N  rises 4.7% to $2.43 after the bell
    ** Says to cut global full-time headcount by about 10%
    ** Expects headcount reduction to be substantially complete
by end of Q1 2023
    ** CTV shares fell 74.3% in 2022
 (Reporting by Khushi Singh)
 ((Khushi.Singh@thomsonreuters.com;))