WPP shares slide again after fourth-quarter slowdown
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LONDON (Reuters) - WPP , the world's biggest advertising company, reported a sharp slowdown in its final quarter of the year on Thursday and said it did not expect any improvement in 2020, hammering its shares once again. WPP, which is in the middle of a three-year turnaround plan after it lost some major clients, reported a 1.9% drop in its main measure of organic revenue minus pass-through costs after recording 0.5% growth in the previous quarter. Its shares fell more than 12% in early trading..