NasdaqGS:MGNIMedia
Assessing Magnite’s (MGNI) Valuation After Its Recent Share Price Rebound
Magnite (MGNI) has quietly pushed higher this week, extending gains that now leave the stock up about 11% over the past week and 8% over the past month, even as its past 3 months remain weak.
See our latest analysis for Magnite.
That recent strength comes after a tougher stretch, with the 90 day share price return still negative. The latest move to around $16 suggests improving sentiment rather than a full blown trend reversal, even though the three year total shareholder return remains...