0845 GMT - Publicis's and Havas's shares trade lower after WPP's profit warning dimmed the outlook for the advertising and communications sector. U.K. giant WPP cited weaker client spending and new business. The London-listed advertising and marketing-services group has been under pressure from a highly competitive landscape and the accelerating race for top-tier AI-generated content, Interactive Investor's Victoria Scholar notes. Publicis and Havas shares trades 2.5% and 2.4% lower, respectively. WPP shares are down 17.2% at 437 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
July 09, 2025 04:46 ET (08:46 GMT)
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