PubMatic, Inc. Class A Common Stock (PUBM)
PubMatic, Inc. Class A (PUBM) is a digital advertising technology company that provides a cloud infrastructure platform for programmatic advertising. The company offers solutions that enable publishers to maximize their ad revenue and advertisers to efficiently reach their target audiences across various digital channels. Founded in 2006, PubMatic's platform facilitates real-time bidding, ad serving, and data management, supporting the online advertising ecosystem.
Company News
A class action lawsuit has been filed against PubMatic alleging the company made misleading statements about its business performance during February 27 to August 11, 2025, related to ad spend and revenue reductions from a top DSP buyer.
The Schall Law Firm is pursuing a class action lawsuit against PubMatic for allegedly making false and misleading statements about a top DSP buyer shifting clients to a competing platform, which impacted the company's ad spend and investor value.
PubMatic reported Q2 revenue growth of 6% with strong connected TV performance, but expects revenue decline in Q3 due to reduced ad spending from a single demand-side platform (DSP).
PubMatic's general counsel Andrew Woods sold over $66,000 worth of the company's shares to cover tax withholding obligations. The transactions were part of a block trade and did not involve any direct financial transaction, as the shares were obtained through the vesting of restricted stock units.
Here is how Immersion (IMMR) and PubMatic, Inc. (PUBM) have performed compared to their sector so far this year.
