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Magnite Inc - MGNI STOCK NEWS

Welcome to our dedicated news page for Magnite (Ticker: MGNI), a resource for investors and traders seeking the latest updates and insights on Magnite.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Magnite's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Magnite's position in the market.

Rhea-AI Summary
Magnite (Nasdaq: MGNI) to present at 26th Annual Needham Growth Conference in New York City. The presentation will take place on January 18, 2024, at 10:15 a.m. ET. A live webcast and replay will be available on Magnite's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
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Rhea-AI Summary
Magnite (Nasdaq: MGNI) opens new office in Mumbai, India, to support publishers and buyers in the fast-growing digital advertising market. Programmatic adoption in India is forecasted to increase at a CAGR of 32% until 2027. The company introduced new advanced tools for streaming TV media owners, leading to 185% year over year growth in CTV ad spend in India.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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none
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Rhea-AI Summary
Magnite (NASDAQ: MGNI) unveils research showing 69% of TV viewers in Indonesia watch ad-supported streaming, with streamers spending an average of two hours a day watching streaming content and demonstrating high levels of cross-device viewing habits.
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End-of-Day
-0.48%
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Magnite (MGNI) and Greenbids Partner to Reduce Carbon Emissions in Digital Advertising, Achieving 24% Reduction in Trial Campaign
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End-of-Day
2.02%
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Rhea-AI Summary
Magnite (NASDAQ: MGNI) unveils research study 'Streaming TV’s New Era: Embracing Ad-supported Streaming Across Screens in Southeast Asia', revealing 71% of TV viewers in Southeast Asia watch ad-supported streaming. Ad-supported streaming services deliver scale and impact for brands, with 68% of viewers taking action after seeing an ad and 94% more likely to make a purchase from a brand they engaged with across multiple devices.
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Rhea-AI Sentiment
End-of-Day
10.06%
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Rhea-AI Summary
Magnite (NASDAQ: MGNI) reports Q3 2023 total revenue growth of 3% and ex-TAC contribution growth of 4% year-over-year. CTV share gains continue with ad spend growth over 20%, strengthening market position. Net loss of $17.5 million, adjusted EBITDA of $40.3 million. Expectations for Q4 2023 and full-year 2024 also provided.
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Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary
Magnite (NASDAQ: MGNI) announced that its executive team will participate in several financial conferences, including Stephens Annual Investment Conference, RBC Capital Markets Technology, Internet, Media and Telecommunications Conference, Craig-Hallum 14th Annual Alpha Select Conference, Macquarie Inaugural International Conference, and Wolfe Research 1st Annual Small and Mid-Cap Conference. The company will host in-person meetings and presentations at these events.
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Rhea-AI Summary
Omnicom Media Group (OMG) launches SSP Standardization Initiative to increase advertiser ROI and brand safety
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-4%
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Magnite to announce Q3 2023 financial results on November 8, 2023
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Magnite introduces machine learning driven recommendations for A/B testing within its Demand Manager product, resulting in increased revenue for publishers.
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Magnite Inc

Nasdaq:MGNI

MGNI Rankings

MGNI Stock Data

1.28B
124.34M
11.34%
75.43%
4.32%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
US
Los Angeles

About MGNI

we’re magnite (nasdaq: mgni), the world’s largest independent sell-side advertising platform. publishers use our technology to monetize their content across all screens and formats including ctv, online video, display, and audio. the world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. in april 2021 we acquired spotx to further enhance our ctv business and better help our clients in this rapidly growing market. anchored in sunny los angeles, bustling new york city, mile high denver, historic london, and down under in sydney, magnite has offices across north america, emea, latam, and apac.