Magnite, Inc. (MGNI) stock surged +2.73%, trading at $17.71 on NASDAQ, up from the previous close of $17.24. The stock opened at $17.17, fluctuating between $17.05 and $17.73 in the recent session.
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
Employees | 911 |
Beta | 2.43 |
Sales or Revenue | $619.71M |
5Y Sales Change% | 0.828% |
Fiscal Year Ends | December |
Sector | Communication Services |
Industry | Advertising Agencies |
Magnite, Inc. (NASDAQ: MGNI) stock price is $17.71 in the last trading session. During the trading session, MGNI stock reached the peak price of $17.73 while $17.05 was the lowest point it dropped to. The percentage change in MGNI stock occurred in the recent session was 2.73% while the dollar amount for the price change in MGNI stock was $0.47.
The NASDAQ listed MGNI is part of Advertising Agencies industry that operates in the broader Communication Services sector. Magnite, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Ms. Shawna Hughes C.P.A.
Chief People Officer
Mr. Sean Patrick Buckley
Chief Revenue Officer
Mr. Nick Kormeluk
Vice President of Investor Relations & Head of Global Real Estate
Ms. Shawna Hughes CPA
Chief People Officer
Mr. David Hertog
Chief Marketing Officer
Ms. Katie Evans
Chief Operating Officer
Mr. Michael G. Barrett
Pres, Chief Executive Officer & Director
Charlstie Veith
Global Head of Communications
Mr. David Buonasera
Chief Technology Officer
Mr. Aaron Saltz
Chief Legal Officer
Mr. Adam Lee Soroca
Chief Product Officer
Mr. David L. Day
Chief Financial Officer
Mr. Brian Gephart
Chief Accounting Officer
MGNI's closing price is 111.34% higher than its 52-week low of $8.38 where as its distance from 52-week high of $18.38 is -3.65%.
Number of MGNI employees currently stands at 911.
Official Website of MGNI is: https://www.magnite.com
MGNI could be contacted at phone 212 243 2769 and can also be accessed through its website. MGNI operates from 1250 Broadway, New York, NY 10001, United States.
MGNI stock volume for the day was 1.13M shares. The average number of MGNI shares traded daily for last 3 months was 1.87M.
The market value of MGNI currently stands at $2.49B with its latest stock price at $17.71 and 140.69M of its shares outstanding.
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