Here's Why PubMatic Stock Popped Today

Here's Why PubMatic Stock Popped Today

Shares of advertising-technology company PubMatic (NASDAQ: PUBM) popped on Wednesday after it released its first quarterly earnings update. PubMatic stock was up 22% as of 11 a.m. EST today and hit all-time highs earlier in the session. PubMatic is a sell-side advertising platform, just like better-known Magnite.