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These 3 Top Stocks Have Been Halved, and It Makes No Sense

These 3 Top Stocks Have Been Halved, and It Makes No Sense

The widely followed S&P 500, which is used as a barometer of the stock market's health, has doubled in value since hitting its bear-market low on March 23, 2020. First up is fast-paced programmatic ad-tech company PubMatic (NASDAQ: PUBM), which has nearly lost two-thirds of its value since hitting its 52-week high. PubMatic operates a cloud-based, sell-side, programmatic ad platform.