On 4/3/25, Magnite Inc (NASDAQ: MGNI) stock suffered a major decline of -15.7%, closing at $9.70. Moreover, trading volume in this decline was above average at 143% of normal. The stock has been strong relative to the market over the last nine months but has declined -23.9% during the last week.
Current PriceTarget Research Rating
Magnite has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Magnite has a poor Appreciation Score of 29 but a slightly positive Power Rating of 66, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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