Could the Rubicon Project, Inc. (RUBI) Crash Even More? The Stock Had Another Big Decline Today

the Rubicon Project, Inc. (NYSE:RUBI) Logo

The stock of the Rubicon Project, Inc. (NYSE:RUBI) is a huge mover today! The stock decreased 4.79% or $0.45 during the last trading session, reaching $8.94. About 972,766 shares traded or 7.86% up from the average. the Rubicon Project, Inc. (NYSE:RUBI) has risen 160.62% since September 13, 2018 and is uptrending. It has outperformed by 160.62% the S&P500.
The move comes after 7 months negative chart setup for the $473.74 million company. It was reported on Sep, 13 by Barchart.com. We have $8.22 PT which if reached, will make NYSE:RUBI worth $37.90 million less.

Analysts await the Rubicon Project, Inc. (NYSE:RUBI) to report earnings on November, 6. They expect $-0.16 earnings per share, up 11.11 % or $0.02 from last year’s $-0.18 per share. After $-0.15 actual earnings per share reported by the Rubicon Project, Inc. for the previous quarter, Wall Street now forecasts 6.67 % negative EPS growth.

More notable recent the Rubicon Project, Inc. (NYSE:RUBI) news were published by: Benzinga.com which released: “Stocks That Hit 52-Week Highs On Tuesday – Benzinga” on August 20, 2019, also Seekingalpha.com with their article: “The Rubicon Project Has Further To Go – Seeking Alpha” published on September 12, 2019, Finance.Yahoo.com published: “14 Top Small-Cap Stocks to Buy Now – Yahoo Finance” on August 09, 2019. More interesting news about the Rubicon Project, Inc. (NYSE:RUBI) were released by: Seekingalpha.com and their article: “The Rubicon Project – Buckle Up For This Growth Wave – Seeking Alpha” published on July 15, 2019 as well as Seekingalpha.com‘s news article titled: “Rubicon Project +1.8% as it nears EBITDA break-even – Seeking Alpha” with publication date: May 01, 2019.

The Rubicon Project, Inc., a technology company, engages in automating the purchasing and selling of advertising. The company has market cap of $473.74 million. The firm offers advertising automation platform that creates and powers a marketplace for buyers and sellers to readily buy and sell advertising at scale. It currently has negative earnings. The Company’s advertising automation platform features applications and services for digital advertising sellers, including Websites, mobile applications, and other digital media properties to sell their advertising inventory; applications and services for buyers comprising advertisers, agencies, agency trading desks, demand side platforms, and ad networks to buy advertising inventory; and a marketplace over which such transactions are executed.

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