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Why PubMatic Stock Gained 25% in February

TheMotleyFool

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Why PubMatic Stock Gained 25% in February

Shares of PubMatic (NASDAQ: PUBM), the supply-side ad tech platform (SSP), were climbing higher last month as the company benefited from a strong report from fellow SSP Magnite (NASDAQ: MGNI), and it announced positive performance data.

In a volatile trading month, the stock finished up 25%, according to data from S&P Global Market Intelligence. As you can see from the chart below, PubMatic shares fluctuated significantly over the course of the month.