Why Magnite Stock Rocketed Higher Today
The adtech specialist is benefiting from a major court ruling and analyst optimism.
Overview
Shares of Magnite (NASDAQ: MGNI) charged out of the gate on Thursday, soaring as much as 12.9%. As of 11:40 a.m. ET, the stock was still up 7.2%.
The catalyst that sent the advertising technology (adtech) specialist higher was a court ruling with far-reaching implications for the space.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.