Magnite Stock News

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NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world''s largest independent sell-side advertising platform, today announced that management will present at the 24 th Annual Virtual Needham Growth Conference on Wednesday, January 12 th at 11:30 am eastern time.

NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising platform, today announced that management will present at the 24th Annual Vir

During the last session, Magnite Inc. (NASDAQ:MGNI)s traded shares were 2.36 million, with the beta value of the company hitting 2.24. At the end of the trading day, the stocks price was $16.84, reflecting an intraday loss of -3.99% or -$0.7. The 52-week high for the MGNI share is $64.39, that puts it down -282.36 Can You Get A Quick Recovery From Magnite Inc. (NASDAQ: MGNI) Given A -282.36% drop From High? Read More »

Magnite has seen its stock meaningfully sell off in 2021.

Acuitas Investments LLC raised its holdings in shares of Magnite, Inc. (NASDAQ:MGNI) by 45.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,165 shares of the company’s stock after acquiring an additional 31,386 shares during the quarter. Acuitas […]

Needham & Company LLC initiated coverage on shares of Magnite (NASDAQ:MGNI) in a report released on Wednesday morning, Analyst Ratings Network reports. The brokerage issued a buy rating and a $69.00 price target on the stock. Several other equities analysts have also recently commented on the stock. Berenberg Bank started coverage on shares of Magnite []

P.A.W. Capital Corp raised its position in Magnite, Inc. (NASDAQ:MGNI) by 19.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 250,000 shares of the companys stock after buying an additional 40,000 shares during the period. Magnite accounts for about 6.2% []

Magnite, Inc. (NASDAQ:MGNI) Director Rachel Lam acquired 2,500 shares of the stock in a transaction on Monday, December 6th. The stock was purchased at an average cost of $16.15 per share, with a total value of $40,375.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Shares []

Shares of Magnite, Inc. (NASDAQ:MGNI) hit a new 52-week low during trading on Tuesday after Macquarie lowered their price target on the stock from $35.00 to $25.00. Macquarie currently has an outperform rating on the stock. Magnite traded as low as $15.83 and last traded at $16.60, with a volume of 2680996 shares. The stock []

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The programmatic digital ad buying platform delivered earnings results that missed analysts'' expectations, and also warned of soft trends and difficult comparisons in the current quarter. The post Magnite Inc (MGNI): Price Now Near $18.09; Daily Chart Shows Downtrend on 20 Day Basis appeared first on ETF Daily News .