Is Clear Channel Outdoor Holdings, Inc. (CCO) the Worst Advertising Stock to Buy According to Short Sellers? [Yahoo! Finance]
Clear Channel Outdoor Holdings, Inc. (CCO)
US:NYSE Investor Relations:
company.clearchanneloutdoor.com/investor-relations
Company Research
Source: Yahoo! Finance
Overview of the Global Advertising Sector Advertising agencies have profited from per capita disposable income, increasing consumer spending, and corporate profit in the past few years. Although advertising expenditure fell after the outbreak of the COVID-19 pandemic, industry revenue in 2020 rose with companies demanding creative services for their pandemic-focused promotional campaigns. Corporate profit bounced back after 2020, allowing agencies to monetize the exponential release of pent-up demand as companies and businesses scrambled to target a specific customer base: one with increasing disposable income. According to estimates from IBISWorld, industry-wide revenue in the advertising sector has been growing at a compound annual growth rate of 2.7% over the past five years. It is expected to reach $70.1 billion by 2024, increasing by 1.9%. Profit is also anticipated to grow by 6.6%. According to a report by Mordor Intelligence, the online advertising market is valued at $257
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CCO
News
- Clear Channel Outdoor Continues Advertising & Sponsorship Program Evolution at Detroit Metropolitan Wayne County Airport (DTW) Through New 10-Year Partnership [Yahoo! Finance]Yahoo! Finance
- Clear Channel Outdoor Continues Advertising & Sponsorship Program Evolution at Detroit Metropolitan Wayne County Airport (DTW) Through New 10-Year PartnershipPR Newswire
- Clear Channel Outdoor Continues to Revolutionize Advertising Across 100+ Signature Aviation Private Terminals in the U.S. [Yahoo! Finance Canada]Yahoo! Finance Canada
- Clear Channel Outdoor Continues to Revolutionize Advertising Across 100+ Signature Aviation Private Terminals in the U.S. [Yahoo! Finance]Yahoo! Finance
- Clear Channel Outdoor Continues to Revolutionize Advertising Across 100+ Signature Aviation Private Terminals in the U.S.PR Newswire
CCO
Sec Filings
- 12/4/24 - Form SC
- 12/4/24 - Form 8-K
- 11/6/24 - Form 4
- CCO's page on the SEC website