PROM stock forecast, quote, news & analysis

Making a brand known to people, garnering more clients/consumers for its product and solidifying the brand’s position in an industry – all of these are essential to a company’s growth, and that’s where marketing/advertising come in as one of the key catalysts. Advertising industry is a global multibillion-dollar business of public relations and marketing companies, media services and advertising agencies – entities that help to connect manufacturers/producers with customers. Digital media has played a big role in the growth of global advertising, and agencies invest substantially to integrate advanced technologies into their business operations. According to some estimates, the U.S. advertising industry is expected to generate revenue of $52.6 billion by 2023, up from almost $40 billion in 2015 . Omnicom Group Inc., Trade Desk, Inc. and Interpublic Group of Companies, Inc. are some of the major U.S. companies in the industry.

The average market capitalization across the Advertising/Marketing Services Industry is 2.49B. The market cap for tickers in the group ranges from 23.01K to 20.27B. PUBGY holds the highest valuation in this group at 20.27B. The lowest valued company is ACHOF at 23.01K.

The average weekly price growth across all stocks in the Advertising/Marketing Services Industry was -2%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 10%. WIMI experienced the highest price growth at 16%, while MGOL experienced the biggest fall at -30%.

The average weekly volume growth across all stocks in the Advertising/Marketing Services Industry was 64%. For the same stocks of the Industry, the average monthly volume growth was 85% and the average quarterly volume growth was 36%