1. Kirby McInerney LLP investigates potential claims against PubMatic. 2. PubMatic reported a significant revenue decline due to top buyer shifts. 3. Shares dropped 21.1% following the adverse financial disclosure. 4. Legal scrutiny may impact investor confidence and share price.
The abrupt revenue drop announced in Q2 raises alarms similar to past declines in companies facing legal scrutiny, impacting investor trust.
The investigation by a major law firm coupled with a substantial revenue decline could lead to legal battles affecting PUBM's stock price and investor sentiment.
Immediate legal investigations and share price drops can severely impact market perception in the short run, analogous to other firms facing litigation.
NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against PubMatic, Inc. ("PubMatic" or the "Company") (NASDAQ:PUBM). The investigation concerns whether PubMatic and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
[LEARN MORE ABOUT THE INVESTIGATION]
On August 11, 2025, after market hours, PubMatic released its second quarter 2025 financial report and disclosed that "beginning in July, [it had seen] a headwind emerge from a top DSP buyer, which recently shifted a significant number of clients to a new platform that evaluates inventory differently" and that it expected revenue to decline significantly in the third quarter due to "a reduction in ad spend from one of [its] top DSP partners."
On this news, the price of PubMatic shares declined by $2.23 per share, or approximately 21.1%, from $10.57 per share on August 11, 2025 to close at $8.34 on August 12, 2025.
If you purchased or otherwise acquired PubMatic securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
212-699-1180
https://www.kmllp.com
investigations@kmllp.com
