MediaAlpha Outperforms Business Services Sector YTD, Veritone Sets New Benchmark

MediaAlpha, Inc. (MAX) is outperforming the Business Services sector in 2023, with a year-to-date return of 14.6% compared to the sector's -8.7%. MAX has a Zacks Rank of #2 (Buy) and a positive earnings outlook trend, with an 18.3% increase in the Zacks Consensus Estimate for its full-year earnings over the past 90 days. Veritone, Inc. (VERI) is also outperforming the sector, with a year-to-date return of 50.3%.