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NYSE: MAGN
Magnera (MAGN) stock, explained like you're 5
Magnera trades on the New York Stock Exchange under the ticker MAGN. It is a small cap company in the paper industry, part of the basic materials sector, with a market value of about 412 million dollars.
- Ticker
- MAGN
- Exchange
- New York Stock Exchange
- Sector
- Basic Materials
- Industry
- Paper
- Size
- Small cap, about 412 million dollars
Is Magnera a small, medium or large cap company?
No. Magnera is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 412 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Magnera makes money
- Mining and selling metals and minerals.
- Making chemicals and building materials.
- Supplying raw materials to other industries.
What moves MAGN stock
- The prices of commodities like copper, gold and lithium.
- Global demand, especially from large economies.
- Production costs and supply disruptions.
In the news lately
- As the military deploys more power hungry equipment, the Army will evaluate Magnera battery materials. (Stock Titan)
- Magnera (NYSE:MAGN) Shares Down 4.2% What's Next? (MarketBeat)
- Is Magnera Corporation (MAGN) Poised for Earnings Inflection? (Yahoo Finance)
- Precision Trading with Glatfelter Corporation (MAGN) Risk Zones (Stock Traders Daily)
- Magnera Corporation: Executing But Abandoned (NYSE:MAGN) (Seeking Alpha)
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Questions about Magnera stock
What does Magnera do?
Magnera trades on the New York Stock Exchange under the ticker MAGN. It is a small cap company in the paper industry, part of the basic materials sector, with a market value of about 412 million dollars.
What is the ticker symbol for Magnera?
Magnera trades under the ticker MAGN on the New York Stock Exchange.
What is Magnera's market cap?
Magnera is a small cap stock with a market cap of about 412 million dollars.
How does Magnera make money?
Mining and selling metals and minerals. Making chemicals and building materials. Supplying raw materials to other industries.
What moves MAGN stock?
The prices of commodities like copper, gold and lithium. Global demand, especially from large economies. Production costs and supply disruptions.
How can I follow MAGN stock every day?
Add MAGN to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.