Why PubMatic, Inc. (PUBM) stock fell 10.8% on Tuesday, November 10, 2026
PubMatic, Inc. (PUBM) traded at $16.97 as of 11:31 AM ET, down 10.83% on Tuesday, November 10, 2026, on volume of 385,866 shares (0.6× its 3-month average); market value about $800.0M.
What happened: primary sources
Events Nexqual found for PUBM on Tuesday, November 10, 2026 or the trading day before (November 9, 2026):
- Nov 9, 2026: Reported Q3 2026 results: adjusted EPS $0.25 vs consensus $0.14 (beat), revenue $79.6M vs consensus $76.1M (beat). Guidance: For Q4 2026, revenue is expected to be $91 million to $93 million and adjusted EBITDA $31 million to $33 million. source
- Nov 9, 2026: SEC 8-K: Other material event source
Quoted from the filing: “As of September 30, 2026, approximately $48 million remained available under the Company's share repurchase program. On November 9, 2026, the Company's Board of Directors authorized an increase to the Company's share repurchase program of $150 million and extended the term of the program through December 31, 2028, such that up to approximately $198 million of Class A common stock may be repurchased by the Company under the share repurchase program following the date hereof and through December 31, 2028.…” - Nov 10, 2026: Rosenblatt: Target raised, Buy, price target $23 → $25
These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.
More on PUBM
PUBM stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: PUBM results, November 9, 2026. Other big moves that day: November 10, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:32 UTC. Not investment advice.
Data source: Nexqual. Last updated: November 10, 2026 at 16:32 UTC. This page is informational and not investment advice.
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