Reported 2 days ago
Magnite, Inc. (NASDAQ:MGNI) shares soared by 24.69% over the past week, ending at $15.10, primarily due to a significant reduction in its net loss and a marginal rise in revenues for Q1. Although the company remains cautious about future business amidst ongoing market uncertainties, CEO Michael Barrett emphasized the positive impact of a potential antitrust ruling against Google's market practices, which could enhance Magnite's monetization opportunities. MGNI ranks 10th among this week's top-performing stocks in a challenging market environment.
Source: YAHOO