Get started
ashpat86

PUBM in wedge pattern but burning a lot of cash in SG&A expenses

PubMatic, Inc. (NASDAQ:PUBM)  
ashpat86  
NASDAQ:PUBM   PubMatic, Inc.
Earnings Growth growth-stocks
0
0
earnings growth growth-stocks
PUBM is in a wedge price pattern but a lot of cash is being used and not for R&D. A growth stock with a lot of revenue, but it doesn't show in the R&D budget. I don't see input factors that can push this stock higher currently. Will need to wait till the next quarter.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.