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Direct Digital Q2 2024 Earnings Report

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$0.58 -0.06 (-9.13%)
(As of 05:26 PM ET)

Direct Digital Earnings Headlines

Why is Buffett going all in on this?
Warren Buffett has increased his already massive stake in this sector by almost 30% in the past few months. Microsoft and Blackrock created a special fund worth $100 billion to boost this 'silent' bull market. Institutional investors have a combined $2.8 trillion in this sector. Despite its "bad rap", this industry stubbornly rakes in profits.
Direct Digital price target lowered to $2.50 from $7.50 at Roth MKM
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About Direct Digital

Direct Digital (NASDAQ:DRCT) operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, and other sectors with a focus on small and mid-sized businesses. The company was founded in 2018 and is headquartered in Houston, Texas.

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