View the latest Magnite Inc. (MGNI) stock price, news, historical charts, analyst ratings and financial information from WSJ. The sell-side digital ad platform just got a LOT bigger. MAGNITE, INC. : Financial news and information Stock MAGNITE, INC. | Nasdaq: MGNI | Nasdaq Magnite Stock Is Trading Lower On Raising $412.5M Debt To Finance SpotX Acquisition - Yahoo Finance finance.yahoo.com - April 6 at 12:40 AM: Magnite (NASDAQ:MGNI) Research Coverage Started at Evercore ISI americanbankingnews.com - April 5 at 8:54 PM: Magnite Stock Is Trading Lower On Raising $412.5M Debt To Finance SpotX Acquisition - Benzinga Magnite (MGNI) has announced that it is acquiring SpotX as it prepares to beef up its CTV services and MGNI stock is soaring on the news. As of this writing, Magnite shares were up some 35% since the news was released, boosting the company's total market cap to $7.1 billion. Sie können 'Einstellungen verwalten' auswählen, um weitere Informationen zu erhalten und Ihre Auswahl zu verwalten. To see how Magnite, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: MGNI stock’s performance was -5.58% in the latest trading, and +759.79% in the past year, while Paypal Holdings (PYPL) has traded +1.41% on the day and positioned +168.41% higher than it was a year ago. Magnite's 2020 acquisition of Telaria adds connected TV to its sell-side platform for buying and... Magnite (MGNI) shares moved sharply higher after Craig-Hallum reiterated its Buy rating and nearly doubled its price target to $45. Independent sell-side advertising platform Magnite Inc (NASDAQ: MGNI) announced its intention to offer $350 million convertible senior notes due 2026 in a private institutional offering. There's still a deep divide between two different kinds of stocks. MGNI | Complete Magnite Inc. stock news by MarketWatch. Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced that it has entered into a definitive agreement to acquire SpotX from RTL Group for $1.17 billion in cash and stock. Truist Securities downgrades the advertising tech specialist to hold. But for it to keep climbing, it will have to successfully integrate a significant … Magnite Inc.’s Net Margin is presently recorded at -16.29. In the latest trading session, Magnite (MGNI) closed at $40.91, marking a +0.49% move from the previous day. Magnite’s Chief Financial Officer, David Day, said, “The Term Loan B and Revolver agreement in principle complete our financing for the pending SpotX acquisition announced on … Is Magnite Stock The Best Ad-Tech Stock To Buy Now? Shares of the ad tech company gained on an acquisition and as it announced preliminary earnings numbers. Should you buy Magnite stock? Free real-time prices, trades, and chat. Amid fears of an economic recession and the volatility of the stock … Durch Klicken auf "Alle akzeptieren" stimmen Sie zu, dass Verizon Media und unsere Partner Informationen durch die Nutzung von Cookies und ähnlichen Technologien auf Ihrem Gerät speichern und/oder darauf zugreifen und Ihre personenbezogenen Daten verarbeiten, um personalisierte Werbung und Inhalte anzuzeigen, für die Messungen von Werbung und Inhalten, für Informationen zu Zielgruppen und zur Produktentwicklung. Programmatic advertising stocks were slammed in the wake of Google's announcement, but don't be fooled. The market cap for the stock reached $3.56 billion, with 110.42 million shares outstanding and 106.78 million shares in the current float. The company is doubling down on internet-based video and could be the best way to play the streaming TV frenzy. Another comparable company Square (SQ) saw its stock close 0.19% … About Magnite Inc Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. Magnite news and MGNI price. Return on Total Capital for MGNI is now -21.85, given the latest momentum, and Return on Invested Capital for the company is -20.78. Cord-Cutting Will Continue To Drive Magnite's Stock Higher In 2021 April 4, 2021 Seeking Alpha Magnite closes offering of $400M in convertible debt March 19, 2021 Seeking Alpha If we narrow it down even further, the data shows that none out of 6 analysts rate the stock as a Sell; another but none rate it as Overweight. Northern Trust Corp owned about 1.14% of Magnite worth $39,130,000 as […] Google really is killing third-party browser cookies, and the company also expects most workarounds to fail in the long run. MAGNITE, INC. : Stock quote, stock chart, quotes, analysis, advice, financials and news for share MAGNITE, INC. | Nasdaq: MGNI | Nasdaq SpotX is one of the leading platforms shaping CTV and video advertising globally. The stock was sold at an average price of $40.26, for a total value of $1,123,092.96. In 2020, Magnite's revenue was $221.63 million, an increase of 41.69% compared to the previous year's $156.41 million. Click here now. Use their drops now as an entry point into new highs. NEW YORK--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent omnichannel sell-side advertising platform, released its “CTV: The Future Forward” report. This is a stock with boatloads of potential, however, it still needs to prove it can execute. Initial purchas... LOS ANGELES--(BUSINESS WIRE)--Magnite Convert Offering PR. The post Get Connected to the Smart TV Revolution With Magnite Stock... Big tech is under pressure. In February 2017, the company released its president and several other top executives. But evolution is nothing new to the space. The purchase pri... LOS ANGELES--(BUSINESS WIRE)-- #Magnite--Magnite to acquire SpotX. Whether or not you are interested in a company like Magnite all comes down to who you are as an investor. LOS ANGELES--(BUSINESS WIRE)--Magnite Reports Fourth Quarter 2020 Results. These 7 risky stocks have solid fundamentals for long term growth. Magnite Inc 39.76 0.54 (1.34%) Magnite Inc NASDAQ Updated Apr 7, 2021 3:33 PM. TV commercials are cratering in value, despite the billions spent per year on a product everyone fast-forwards through. Losses were -$53.43 million, 109.7% more than in 2019. Magnite (Nasdaq: MGNI) today announced the pricing of $350 million aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"), and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Act. NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising platform, today launched the open beta of Unified Decisioning, a solution that empo... Magnite (MGNI) closed at $37.12 in the latest trading session, marking a +0.19% move from the prior day. These companies offer plenty of growth potential -- and less risk of going bust. Magnite, Inc. (NASDAQ:MGNI) shares, dropped in value on Thursday, Apr 08, with the stock price down by -0.5% to the previous day’s close as weak demand from buyers trailed the stock to $39.56. Magnite Inc (NASDAQ: MGNI) is acquiring global video ad serving platform SpotX from RTL Group for a $1.17 billion purchase price to become a powerful CTV and video advertising platform. Magnite (MGNI) stock price, charts, trades & the US's most popular discussion forums. Magnite, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.9. The ad tech company soared on a key acquisition. Bullish analysts managed to outduel the bears in January, but this only raises the stakes for the company's upcoming quarterly results. Free real-time prices, trades, and chat. The Advertising industry is in a crisis. Return on Equity for this stock declined to -22.16, with Return on Assets sitting at -6.75. Magnite acquires SpotX for $1.17B in cash and stock, guides Q4 revenue above consensus SA NewsFri, Feb. 05 126 Comments GameStop takes ETFs along for its wild ride SA NewsMon, Jan. 25 41 Comments S&P 500 0.20%. If MGNI falls to this level, it will have declined more than 23%. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. MGNI Magnite Inc — Stock Price and Discussion | Stocktwits. Get the hottest stocks to trade every day before the market opens 100% free. Magnite stock was … Connected TV represents a huge opportunity for targeted digital advertising that is just getting started. These growth stocks offer attractive alternatives. Sie können Ihre Auswahl jederzeit ändern, indem Sie Ihre Datenschutzeinstellungen aufrufen. After a healthy downturn, these tech stocks look poised to continue running higher in the years ahead. Following the completion of the transaction, the chief operating officer now directly owns 391,898 shares in the […] Ad tech company Magnite is acquiring SpotX, a platform for connected TV and video advertising, for $1.17 billion in cash and stock. The ad-tech company's stock has soared, but is it still a worthy investment? Magnite's (MGNI) Q4 performance likely to have gained from strength in the CTV business on growing traction of ad-supported programmatic CTV. Shares of Magnite jumped 26.4% and closed at $54.95 on Friday. Magnite's (MGNI) Q4 performance reflects solid top-line growth on strength across the CTV business driven by higher cord cutting and growing momentum of ad-supported programmatic CTV. … 1 week ago - Zacks Investment Research Magnite Invests In New Data Center … Magnite came to a $1.17B cash-and-stock deal for SpotX, a platform shaping connected TV and video advertising, in early February. Magnite, Inc. (NASDAQ:MGNI) COO Katie Seitz Evans sold 27,896 shares of Magnite stock in a transaction that occurred on Monday, April 5th. Get the latest news and real-time alerts from Magnite, Inc. (MGNI) stock at Seeking Alpha. Though this ratio indicates the stock is overpriced, the truth is, stocks are currently priced several years into the future. Both companies have been on fire over the past year, but does one present a more compelling opportunity? This fact does not justify MGNI’s lofty P/E ratio, yet investors should not buy or sell a stock strictly based on the P/E ratio alone. The company's advertising platform enables publishers to monetize various screens and formats, including CTV, desktop display, video, audio, and mobile, as well as allows agencies and brands to access brand-safe ad inventory and execute advertising transactions. Nevertheless, using its skyrocketing stock as … LOS ANGELES -- (BUSINESS WIRE)--Feb. 24, 2021-- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising platform, today reported its results of operations for the fourth quarter and year ended December 31, 2020. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. Magnite Announces Closing of $400 Million of Convertible Notes: 03/15/21: Magnite Announces Pricing of $350 Million Convertible Notes Offering: 03/15/21: Magnite Announces $350 Million Convertible Notes Offering: 03/03/21: Magnite Research Finds 63% of TV Viewers in the EU5 Watch Ad-Supported Streaming: 02/24/21: Magnite Reports Fourth Quarter 2020 Results: 02/05/21 Northern Trust Corp lessened its stake in Magnite, Inc. (NASDAQ:MGNI) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. Ad-tech stocks have been one of Wall Street’s favorites in 2020.Amid fears of an economic recession and the volatility of the stock market, as a result, ad-tech companies are somehow enjoying the ride.For instance, The Trade Desk (NASDAQ: TTD) has been one of the big winners on the stock market in the past year. In the latest trading session, Magnite (MGNI) closed at $40.91, marking a +0.49% move from the previous day. The Ad industry is rapidly evolving before our eyes. View real-time stock prices and stock quotes for a full financial overview. The advertising platform also reported preliminary Q4 2020 results with a nearly 20% advance in revenue. NASDAQ 0.38%. Craig-Hallum boosted its price target on the ad tech specialist.