ADWEEK Advantage is part of a series where every month, our top editors interpret what happened in each vertical, and what it means for the future.
There’s a shift afoot in the holding company hierarchy, with WPP and S4 Capital showing signs that their turnaround efforts might be taking root after years of quarterly declines.
Despite revenue declines at the end of the second quarter, both companies saw their stock prices surge 26% following earnings calls with investors, who perceived slowing revenue declines at both companies as key signals of progress.
It’s still early days. By most metrics, Publicis continues to outshine the competition, posting 4.8%
