On 2/7/25, Magnite Inc (NASDAQ: MGNI) stock enjoyed a major increase of 10.6%, closing at $21.17. Moreover, exceptionally high trading volume at 636% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 21.1% during the last week.
Current PriceTarget Research Rating
Magnite has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Magnite has a very low Appreciation Score of 13 but a good Power Rating of 83, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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