Phorm Shares Dive After Bt Hangs Up On Controversial Internet Ad Technology [Edition 3]
Evening Standard - London › July 06, 2009
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Summary
SHARES in controversial online snooper Phorm crashed more than 40% today on news that it has been dumped by BT, the broadband giant that would have transformed the fortunes of the targeted advertising group.
The news comes less than a month after lossmaking Phorm raised Pounds 15 million in the City at 450p a share.See the full content of this document
Extract
Phorm Shares Dive After Bt Hangs Up On Controversial Internet Ad Technology [Edition 3]
Today the shares crashed 192p to 282 1/2p. In February last year they hit a peak of just ...
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