Magnite, Inc. Common Stock

MGNI XNAS SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Market Cap

2.1B

Short interest (May 15)

8.5%

Net Short (Jun 03 ): 0.1%

Borrow Fee

0.25%

↓ 9.2%

Available Shares

2M

↓ 24.0%

Price Chart

Company Overview

Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.

Company Info

Exchange: NASDAQ
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
CIK: 0001595974
Asset Type: CS

Market Data

Market Cap: $2,126,742,794
Employees: 971
Status: Active

Short Interest

Current Borrow Fee 0.25%
Range: 0.25% - 0.25%
Available Shares 2M
Range: 2.1M - 2.4M

Recent Changes

Fee Change: ↓ 0.0%
Available Change: ↓ 8.2%

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Investment Risk

This is not financial advice. All investments carry risk. Do your own research before making investment decisions.

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