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Viant Technology bounces after co-founders secondary offering scrapped

By Reuters News11:00 (UTC), 18 September 2026 Updated

** Advertising tech firm Viant Technology's DSP.O shares up 8.8% at $10.90 before the bell on Fri after secondary offering pulled

** Irvine, California-based Viant says it and a stockholder decided to withdraw 8.5 mln share offering due to current market conditions, per an SEC filing

** DSP shares finished down 19% on Thurs, suffering their steepest decline since Mar 4, 2025, after co late Weds launched offering by an entity tied to Viant co-founders and brothers Tim, Chris and Russ Vanderhook

** At Thurs close, DSP shares down ~17% YTD

** All 11 analysts covering the stock are bullish; median PT $19, per LSEG data

** Viant IPOd in 2021 at $25

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