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Why Criteo Stock Fell Today

TheMotleyFool

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Shares of Criteo (NASDAQ: CRTO) have fallen today, down by 5% as of 2 p.m. EDT, after the company announced a shake-up of its board of directors. Criteo co-founder and former CEO Jean-Baptiste Rudelle stepped down last week.

Criteo has seen numerous changes in recent years. Rudelle had returned to the CEO role back in 2018 before stepping aside again in October 2019 after the advertising tech company named Megan Clarken as its new CEO. The co-founder then resigned as chairman of the board about a month ago and is now leaving the board altogether. Clarken will also be joining the board.

Image source: Getty Images.

Source Fool.com

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