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Taptica suffers from data scandal contagion

Shares in the mobile advertising group have fallen significantly since the Facebook/Cambridge Analytica story first broke
Taptica suffers from data scandal contagion

Mobile advertising group Taptica (TAP) reported its 2017 numbers on 26 March, just a few days after the Facebook (US:FB) and Cambridge Analytica scandal first broke. To recap, British data analytics business Cambridge Analytica allegedly used citizens’ private Facebook information from 2014 to target political advertising ahead of the US election. Facebook suffered its worst share price fall in four years.

IC TIP: Hold at 305p

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