Doubleclick Rises 8.9% Despite Warning - TheStreet

Internet ad agency

Doubleclick

(DCLK)

was up 8.9% in preopen

Island

trading despite warning late Monday that fourth-quarter results would be between zero and a three-cent loss, below the Street's estimate of a 2-cent profit. The company blamed softer spending on advertising and said fourth-quarter revenue would be 8% to 10% below current expectations. Last week, the company announced job cuts.