Google Finance Ad tech firm Rubicon Project’s stock dropped by 15% in after-hours trading on Tuesday evening after the company announced a new CEO and weak quarterly earnings. The stock closed at $ 8.39 ahead of the announcements but fell to $ 7.09 after the close. Rubicon Project appointed ad tech veteran Michael Barrett as […]
Tag: plummeted
Number of unicorn funding deals plummeted 50% in 2016
Unicorns are increasingly starting to look like regular horses, and their magic is fading. Back when there were only a handful of private companies that were valued at over $ 1 billion, the term certainly had meaning and value. Today, however, there are some 185 unicorns galloping around and their numbers may soon be dropping. Last year saw […]
