Magnite Inc. (MGNI): Price and Financial Metrics

Magnite Inc. (MGNI): $8.58

0.11 (-1.27%)

POWR Rating

Component Grades

Momentum

D

Stability

D

Sentiment

Quality

C

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Industry: Advertising

Industry

B

Ranked

#9 of 15

in industry

MGNI Price/Volume Stats

Current price $8.58 52-week high $15.73
Prev. close $8.69 52-week low $6.28
Day low $8.58 Volume 855,100
Day high $8.90 Avg. volume 1,135,335
50-day MA $10.30 Dividend yield N/A
200-day MA $9.55 Market Cap 1.16B

MGNI Stock Price Chart Interactive Chart >


Magnite Inc. (MGNI) Company Bio


Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. It features applications and services for digital advertising sellers, including Websites, mobile applications and other digital media properties. The company was founded by Frank Addante, Duc Chau, Craig Roah, Julie Mattern and Brian D. Baumgart on April 20, 2007 and is headquartered in Los Angeles, CA


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Latest MGNI News From Around the Web

Below are the latest news stories about MAGNITE INC that investors may wish to consider to help them evaluate MGNI as an investment opportunity.

Magnite to Participate in the Needham Annual Growth Conference

NEW YORK, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world’s largest independent sell-side advertising company, today announced that members of its executive team will present and host in-person investor meetings at the 26th Annual Needham Growth Conference in New York City on Thursday, January 18, 2024. The Magnite presentation will take place at 10:15 a.m. ET. A live webcast of the presentation will be available in the “Events & Presentations” section of Magnite’s investor r

Yahoo | December 13, 2023

Magnite Expands Global Presence with Opening of First India Office

Opening of a Mumbai location enhances support for publishers and buyers in marketMUMBAI, India, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, has announced the opening of a new office in Mumbai, which will serve as the company’s base across India. The move indicates the company's commitment to providing support for publishers and buyers in one of the fastest-growing digital advertising markets in the world. “Programmatic adoption

Yahoo | December 12, 2023

Magnite Research Highlights Opportunity for Brands Amidst Growth of Ad-supported Streaming in Indonesia

69% of TV viewers in Indonesia watch ad-supported streamingJAKARTA, Indonesia, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today unveiled its latest research study, “Streaming TV’s New Era: Embracing Ad-supported Streaming Across Screens in Indonesia.” The research finds that ad-supported streaming in Indonesia continues to gain momentum and 69% of TV viewers in Indonesia watch ad-supported streaming. According to the s

Yahoo | November 29, 2023

Greenbids Selects Magnite as First SSP to Help Reduce Carbon Impact of Digital Advertising

Trial campaign with French advertiser successfully reduced carbon output by 24% while maintaining strong performanceLONDON, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent omnichannel sell-side advertising company, and Greenbids, an industry leader in sustainable advertising AI optimization solutions, today announced a partnership to help reduce carbon emissions generated by digital advertising ad calls while preserving campaign performance. Magnite is t

Yahoo | November 22, 2023

Insider Sell: CEO Michael Barrett Sells 75,000 Shares of Magnite Inc (MGNI)

In a notable insider transaction, CEO Michael Barrett has sold 75,000 shares of Magnite Inc (NASDAQ:MGNI), a leading advertising technology company.

Yahoo | November 18, 2023

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MGNI Price Returns

1-mo -24.74%
3-mo -4.13%
6-mo 21.88%
1-year -9.87%
3-year -76.21%
5-year 40.89%
YTD -8.14%
2023 -11.80%
2022 -39.49%
2021 -43.02%
2020 276.35%
2019 118.77%

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