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Rapid growth in programmatic and CTV (connected TV) has boosted Telaria (TLRA), on which we first reported in May, arguing the shares had much further to run.
Well, that hasn't happened. Shares have traded sideways since, although they are really quite volatile. Directly after the company's excellent Q2 results, shares reached $9.50, only to sink from that to the low $7 in a day, which has really puzzled us.
This is a company that could have a similar run as other companies that are wholly driven by the CTV explosion, like Roku