Previous close | 49.49 |
Open | 49.69 |
Bid | 48.64 x 800 |
Ask | 48.73 x 800 |
Day's range | 47.69 - 50.20 |
52-week range | 39.39 - 114.09 |
Volume | |
Avg. volume | 6,327,714 |
Market cap | 23.543B |
Beta (5Y monthly) | 2.14 |
PE ratio (TTM) | 239.65 |
EPS (TTM) | 0.20 |
Earnings date | 08 Aug 2022 - 12 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 75.61 |
In 2021, tech stock valuations were extremely elevated, and now many have swung too far to the downside. Investors tend to throw away exceptional companies right along with mediocre ones when broad market events happen.
Recently, Zacks.com users have been paying close attention to The Trade Desk (TTD). This makes it worthwhile to examine what the stock has in store.
Magnite (NASDAQ: MGNI) was created from the merger of two ad tech companies, Rubicon Project and Telaria, in April 2020. On its first day as a combined company, Magnite's stock opened at $5.47 per share.