Stagwell soars on Palantir partnership, Q3 results top estimates

Stagwell

06/11/2025 15:37

** Shares of marketing co Stagwell STGW.O soar 30% to $6.3, hitting highest since February

** Co and Palantir Technologies PLTR.O announce partnership around an AI-driven platform for marketers

** Reports Q3 adj. EPS of 24 cents, beating analysts' estimates of 22 cents, according to data compiled by LSEG

** Q3 rev of $743 mln also tops estimates of $730 mln

** Five of seven brokerages rate the stock "buy", two "hold" ; their median PT is $8- LSEG data

** Including session's move, stock down 3.5% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.p@thomsonreuters.com))