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Why is DoubleVerify Holdings Inc (DV) Stock down?

We've noticed a 38.57% decline in DoubleVerify Holdings Inc (DV) stock during the 2024-05-08 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
01 Aug, 2023:

Doubleverify Holdings stock fell 14.72% despite impressive financial performance. Wall Street had higher expectations due to the stock's rally in 2023, and the investors were also disappointed with the company's acquisition of Scibids Technology, which raised concerns over the half-stock payment, leading to a rising supply of stock.

https://www.fool.com/investing/2023/08/01/why-doubleverify-stock-was-down-on-tuesday/

$157.15
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$246.34
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$58.94
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$287.48
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