LadBible owner’s profits plunge as social media algorithm changes hit web traffic - LBG Media saw shares plunge by more than ...
Ladbible owner LBG Media PLC (AIM:LBG, FRA:S83) shares fell 22.9% to 27p after the social media publisher cut its full-year ...
LBG Media PLC on Tuesday cited challenging trends in internet search traffic and algorithm changes for lower profit in its first half, as it revised down full-year guidance. LBG shares fell 24% to 26.