10 Stocks Lead Monday’s Charge Amid Market Bloodbath

3. DoubleVerify Holdings Inc. (NYSE:DV)

DoubleVerify jumped by 7.19 percent on Monday to close at $14.90 apiece as investors resorted to bargain-hunting after a 36-percent plunge on Friday and entering the oversold territory, which was further aggravated by its poor earnings performance last year.

In its latest earnings release, DV’s net income last year fell by 21.2 percent to $56.2 million from $71.4 million in 2023, while revenues increased by 14.86 percent to $656.8 million from $572.5 million.

Net income for the fourth quarter alone dropped by 29 percent to $23 million from $33 million.

Looking ahead, DV expects revenues for the first quarter of the year to settle between $151 million and $155 million, while revenues for the full year were expected to increase by 10 percent.