Why PubMatic Stock Soared More Than 40% Today
2025-11-11 13:18:53 ET
Shares of online advertising expert PubMatic (NASDAQ: PUBM) skyrocketed on Tuesday morning. At 12:30 p.m. ET, the stock had gained 40.8%, and the intraday chart was still trending higher. PubMatic published third-quarter results last night, crushing Wall Street's estimates across the board.
Image source: Getty Images.
The company posted analyst-stumping financials, citing strong demand for connected TV (CTV) advertising and a successful launch of artificial intelligence (AI) tools and features across PubMatic's platforms.
NASDAQ: PUBM
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