Workflow
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of WPP plc - WPP
WPP plcWPP plc(US:WPP) GlobeNewswire News Room·2025-07-28 16:07

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving WPP plc and its officers or directors, following a significant decline in the company's financial guidance and stock price [1][3]. Financial Performance - On July 8, 2025, WPP reduced its 2025 guidance for like-for-like revenue less pass-through costs to a decline of 3% to 5% and anticipated a year-on-year decrease in headline operating profit margin of 50 to 175 basis points, excluding foreign exchange effects [3]. - The company noted a deterioration in performance as the second quarter progressed, attributing this to a challenging economic environment and macroeconomic uncertainty affecting client spending and weaker new business [3]. Stock Market Reaction - Following the announcement of the revised guidance, WPP's American Depositary Receipt (ADR) price fell by $6.48, or 18.09%, closing at $29.34 per ADR on July 9, 2025 [3].