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TubeMogul, ad-tech companies up strong after Visible World buy

Jun. 05, 2015 3:23 PM ETTubeMogul (TUBE) StockCRTO, MGNI, TUBEBy: Jason Aycock, SA News Editor
  • TubeMogul (NASDAQ:TUBE) is peaking for the day late, now up 7.9% with a leg up to just under $17/share.
  • The stock has nearly regained what it's lost since Monday's announcement of a follow-on share offering.
  • What might be driving today's action? Comcast sealed a deal yesterday to buy ad-target firm Visible World, which could be a precursor for firms wanting to purchase the real-time bidding that is TubeMogul's specialty.
  • Other ad-tech firms up today with steady climbs: The Rubicon Project (NYSE:RUBI), up 6.3%; Criteo (NASDAQ:CRTO) up 2.6% and making a new 52-week high today.

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