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Why PubMatic Stock Jumped 63% in February

TheMotleyFool

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Why PubMatic Stock Jumped 63% in February

Shares of PubMatic (NASDAQ: PUBM) soared last month after the supply side ad tech firm posted strong fourth-quarter earnings results in its first report as a publicly traded company.

According to data from S&P Global Market Intelligence, the stock finished February up 63%. As you can see from the chart below, the gains came predominantly at the end of the month when the earnings report came out.