
PubMatic
PubMatic's Premarket Plunge: A Bellwether for Digital Ad Sector Woes?
PubMatic (NASDAQ: PUBM), a prominent sell-side advertising technology company, experienced a dramatic premarket decline of over 30% in its share price following a crucial announcement. Despite reporting a profitable second quarter, the company issued a revised full-year revenue forecast that fell significantly short of Wall Street's expectations. This