Magnite, Inc. Common Stock
MGNIMagnite, Inc. (MGNI) is a digital advertising technology company that provides a programmatic platform for buying and selling online advertising inventory. It offers solutions for publishers and advertisers to efficiently streamline digital ad transactions across multiple channels, including display, video, and connected TV. Formed through the merger of Rubicon Project and Telaria, Magnite focuses on creating a transparent and scalable marketplace for digital advertising.
Company News
Meros Investment Management sold 259,973 shares of Interface in Q3, reducing its stake by $4.1 million, while the company reported strong quarterly results with 5.9% revenue growth and raised full-year guidance.
Pixalate's Q3 2025 report reveals market share rankings for Supply-Side Platforms (SSPs) across Connected TV, mobile apps, and web platforms in the United States and Canada, highlighting leadership positions for various companies in different digital advertising segments.
Magnite has acquired streamr.ai, an AI platform that helps small and medium-sized businesses access Connected Television (CTV) advertising more easily. The acquisition aims to simplify CTV advertising processes and unlock new revenue opportunities for publishers.
The article discusses three small-cap stocks - Goodyear Tire & Rubber (GT), Marathon Digital Holdings (MARA), and Magnite (MGNI) - that have the potential to surge in the next 12 months due to favorable market conditions and company-specific factors.
The article highlights four stocks - Universal Health Services, Tenet Healthcare Corp., Century Communities, and Magnite - that are trading near their 52-week highs and are expected to maintain their momentum and keep scaling new highs.
