PubMatic stock soars on first day
December 10, 2020- Share:
Stock in PubMatic closed Wednesday trading at $29.20 per share, up roughly 46% during its first day on the Nasdaq. The Palo Alto-based company, the creator of a digital media platform for advertisers and publishers, offered 5.9 million shares for $20 each in its IPO, raising $118 million. PubMatic's backers include Nexus India Capital, Helion Venture Partners and August Capital.
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