Is DoubleVerify's 39% Haircut a Buying Opportunity?

Key Points Shares of DoubleVerify Holdings Inc. NYSE: DV took a 39% plunge on its Q1 2024 earnings report. DoubleVerify is a leading media effectiveness platform that leverages artificial intelligence (AI) to verify ads, provide data analytics, and detect fraud. Just as cybersecurity companies manage identity verification, DoubleVerify manages digital advertising verification. The company has 50% of the top 1,000 advertisers as clients. These advertisers work with many high-profile companies, including Peps ...