Truecaller Caps Terrible 2025 With Fresh Plunge to Record Low
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000This year’s selloff in Swedish caller-ID platform Truecaller AB accelerated markedly on Monday, on signs the firm’s ad revenues remain mired in the doldrums.Shares in the Stockholm-based company, whose software enables users to identify unknown numbers and block spam calls and messages, plunged 29% after it said fourth-quarter ad revenue was expected to be around 30% lowerBloomberg Terminal than a year earlier. That sent the stock to its lowest level since its 2021 listing.