These 2 Stocks Likely Won't Win This Important Customer Anytime Soon
Magnite (NASDAQ: MGNI) and PubMatic (NASDAQ: PUBM) are direct competitors in the advertising-technology space. Both companies are supply-side platforms (SSPs), meaning they partner with publishers to sell their supply of ad slots to advertisers.
While both Magnite and PubMatic have been good at adding new customers in the past year, there's one account I doubt either will secure anytime soon. As it turns out, Vox Media believes it doesn't need them.
Vox Media's portfolio includes magazines like New York, websites like SBNation, a lineup of podcasts, and even video content. According to the company, it's a top-10 media outlet with a monthly audience of over 130 million people. Needless to say, this would be an account that Magnite and PubMatic would love to have.
Source Fool.com
