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Re: None

Wednesday, 08/03/2016 3:57:34 PM

Wednesday, August 03, 2016 3:57:34 PM

Post# of 55
Probable explanation for today:

"Adam Singer ?@AdamSinger 17m17 minutes ago
@OphirGottlieb @WhiteCoatMafia @Pharmdca this is for sure why $TUBE is down:
Yesterday was a big day for advertising technology, with earnings reports from three of the top names, Rubicon Project (RUBI), Criteo (CRTO), and Rocket Fuel (FUEL).

And the stocks are taking quite different directions following those reports:

Rubicon is down $4.39, or 32%, at $9.28; Criteo is down $2.77, or 6%, at $40.39; and Rocket Fuel is up 11 cents, or 5%, at $2.34.

Rocket Fuel solidly beat expectations, while Criteo and Rubicon Project both offered disappointing outlooks. Another member of the group, TubeMogul (TUBE), is set to report results on August 8th, after the market closes. Its shares are down 29 cents, or 3%, at $10.41.

Rubicon has gotten at least five downgrades today, that I can see, from Cantor Fitzgerald, SunTrust, Raymond James, Citigroup, and RBC Capital, and numerous reductions of price target.

There are no ratings changes for Rocket Fuel or Criteo, that I can see."
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Pre-market bid was $11.00. Shoulda, coulda was trying to sell @ $11.40 which was hit -- just not mine.

TUBE