PUBM Expands SPO Clientele: Should You Buy, Sell or Hold the Stock?
PubMatic(PUBM) ZACKS·2024-09-19 00:16
PubMatic (PUBM) shares have lost 10.4% year to date against the Zacks Computer and Technology Sector and S&P 500 index's return of 19.5% and 18.1%, respectively. PubMatic stock has also underperformed the Zacks Internet - Software industry's return of 15.7% in the same time frame. The underperformance is mainly due to PUBM stock's sharp decline following its missed revenue estimates for the second quarter of 2024. However, PUBM is constantly winning big clients, implying the company's ability to gain market ...