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Is It Too Late to Buy PubMatic Stock?

TheMotleyFool

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After the sell-side adtech company PubMatic (NASDAQ: PUBM) beat analyst expectations for both revenue and earnings during its third-quarter earnings report, shares shot up over 20% the next day. After this under-the-radar ad-selling company jumped, however, some investors are wondering if they missed the boat.

The simple answer is that nobody has missed out yet. Going into earnings, shares were over 50% off their all-time highs, and this company was valued at just eight times sales. PubMatic has been under the radar for some time, but this quarter brought it into the light. While the company shot up, there is still plenty of room to get in on this fast-growing company.

Image source: Getty Images.

Source Fool.com

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