Why Magnite Stock Is Rising Today

Daniel Sparks, The Motley Fool
·2-min read
Why Magnite Stock Is Rising Today

What happened Shares of Magnite (NASDAQ: MGNI) are rising today, up about 10% as of 12:30 p.m. EDT. The move higher likely reflects a rebound following a sharp sell-off of the ad tech company's stock in recent weeks that may have left shares oversold.