Magnite Inc. (MGNI) Social Stream



Magnite Inc. (MGNI): $12.66

0.79 (+6.66%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Add MGNI to Watchlist
Sign Up

Industry: Advertising


Ranked

of 16

in industry

Featured Post From StockTwits About MGNI

Holding, pissed, may need to switch back into rage-buying mode like last summer, before the great lift-off. But there's nothing to like about this chart. CMF, the only indicator that matters, tells the story.

ER was great, no worries there. Merger synergies are already apparent. So too were ERs for APPS and TTD. But price action is king, always.

Important note, though: sector rotation -- which is clearly what's occurring, ie. NOT MGNI-specific -- is a sign of healthy bull markets with increasing breadth and strength. It's no accident that APPS and TTD are similarly weak.

Also important: stock is still under accumulation. All year long, Wall Street has wanted cheap tech. When they get enough of it, from you, the selling will stop. Just more algo-risk-off bullsh*t, same as last week. Conviction undimmed, but pissed, for sure.

$MGNI
ponderevo, published August 16, 2021

Loading social stream, please wait...


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 1.4087 seconds.