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Magnite, Inc. (MGNI)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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16.82-0.81 (-4.59%)
At close: 04:00PM EST
17.10 +0.28 (+1.66%)
After hours: 07:59PM EST
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  • c
    christopher
    On CNBC, Laura Martin just reaffirmed her conviction on MGNI.
  • M
    Mille
    This is an amazing opportunity for those not invested yet. Yes, 64 was expensive, but 18 is dirt cheap. Aside charts, I use the cry indicator on message boards.
  • M
    Mike
    will close in red. 99% probability
  • C
    Cyrusis
    A large percentage of the selling over the past couple of weeks is due to tax-loss harvesting. The majority of those that bought Magnite this year have experienced losses, so this is to be expected. I suspect a large volume will repurchase towards the end of December.

    I doubled my position today. Will buy much more if we see it drop below $18.
  • d
    dusin
    Start moving back in the right directoin today!
  • R
    RDL
    If or when MGNI begins an upward trend I do NOT want to hear from Laura Martin. Many bought on her recommendation or were at least emboldened to do so. Her silence during this drop/stagnation after previously calling Magnite her conviction stock of the year is incredible and perhaps unforgivable.
  • R
    RDL
    Sold in the mid-twenties and just bought back in.
    1st purchase 1000 shares.

    missed it when it touched 17, my predetermined buy number but whatever .. let's hope that was bottom ... at long last !
  • A
    Adel
    its just one of those days where everything is down, so i honestly rhink its turning around very quickly once the market in general takes a breath
  • A
    Agon Alea
    no hope until next earning .....
  • M
    Mike
    Clear signs of corporate fraud. Let's team up and make a criminal lawsuit. These people have to return what was stolen and go to jail for many years.
  • R
    RDL
    As Magnite's valuation comes down the reasons not to buy becomes either diminished or eliminated based on reduced risk. However legit the concerns were at $25 p/share or $31 p/share, they by default become minimized as MGNI becomes cheaper.

    I traded this stock all the way down. Rarely did I not own MGNI, but admittedly got worn down. So I waited until I saw $17.99. Now I'm back in. The risk to the downside is minimized at this point with my only real major concern is leadership of the company. A major concern, yes, but I'm willing to roll the dice a bit at $18 based on the companies still stellar growth opp and current numbers it's putting up.
  • M
    Mike
    awesome, another day going down. Tomorrow another 99% chance that it will go down, and so on every day. It would be necessary to denounce the directive for fraud. Shame.
  • C
    Cyrusis
    Magnite positioning itself to secure a lot of the ad spend for the 2021 midterm elections—estimated to be ~$1.2B in total spend. Good to see them be so proactive.

    https://www.magnite.com/blog/live-in-five-political-advertisers-achieve-instant-scale-with-programmatic-offering/
  • e
    eric
    It’s really not working out this year.
  • M
    Mille
    Time to start buying
  • m
    mheff410
    this company WAS great until they went on a buying spree. Real dog now good luck to longs u need it.
  • B
    Bill
    Well as we have already started one of the busiest Advertising season (Black Friday and Christmas ) ALL of these stock (TTD, PUBM and MGNI ) will have tremendous revenue upside in Q4. Just wait till the chip crisis is over and Automobile Companies start filling that ad space.
    I buy on dips and today I bought on.
  • R
    RDL
    capitulation

    time to buy
  • S
    StonkingUp
    @john Vizio still needs magnite (and other SSP's) to facilitate the programmatic auctions that fill ad space on smart TV's. The volume of CTV ads that flow through programmatic channels vastly outnumbers the direct contracts that Vizio would sell themselves. Magnite and other SSP's like PUBM are header bidding tools that are meant to completely replace the need for manual advertising contract sales. SSP's send auction requests to DSPs (aka the Trade Desk) when users load pages or turn on tv's. Advertisers (aka Walmart) use DSP's to buy their own ads across the web. SSP's are the pipes that make this happen. DSP's are the platforms that provide intuitive UI's for self-serve advertisers to buy their own ads.. without the need for contracts.

    Vizio is still a great option BUT they compete with Samsung, LG, Sony, etc. MGNI services ALL Smart TV brands AND serves ads across Desktop/Mobile devices. The ads being served to you on this very page may have been delivered to you via Magnite header bidding tags.
  • H
    Have u ever
    at a daily decline of a dol a day this company will only be around for another 17 days
    wont even make it to the new year.