Audience measurement company Comscore on Monday revealed that its Board of Directors had approved a 1-for-20 reverse stock split, effective Wednesday (12/20). The news initially sent the company’s shares down, but on Tuesday morning were up by nearly 31% — to just shy of 76 cents.
In late August, RBR+TVBR Editor-in-Chief Adam R Jacobson addressed the depressed stock price with Comscore CEO Jon Carpenter, asking him directly about continued quarterly losses and the sub-$1 performance for “SCOR” seen since May 15. “Should the industry be concerned about the fiscal health of Comscore?” he asked.
“Absolutely not,” Carpenter says in this wide-ranging InFOCUS Podcast, presented by dot.FM, we are pleased to present once again to our readers.
Listen to “The InFOCUS Podcast: Jon Carpenter” on Spreaker.
