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NASDAQ: MGNI
Magnite (MGNI) stock, explained like you're 5
Magnite trades on the Nasdaq under the ticker MGNI. It is a mid cap company in the programming data processing industry, part of the technology sector, with a market value of about 3.6 billion dollars.
- Ticker
- MGNI
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Programming Data Processing
- Size
- Mid cap, about 3.6 billion dollars
Is Magnite a small, medium or large cap company?
No. Magnite is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 3.6 billion 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 Magnite makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves MGNI stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Magnite (MGNI) Could Be 21% Below Fair Value As LG Extends CTV Partnership (Simply Wall Street)
- MGNI Stock Heads For Another Month In Green: Magnite Gets Price Target Boost As Google Ad Tech Changes Open New Growth Path (Stocktwits)
- Under a trading plan, Magnite (MGNI) director Paul Caine sold 12,500 shares at $25.29 on average. (Stock Titan)
- Magnite Inc (MGNI) Stock Down 5.7% but Still Overvalued GF Sc (GuruFocus)
- Magnite (NASDAQ:MGNI) Director Paul Caine Sells 12,500 Shares of Company Stock (MarketBeat)
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Questions about Magnite stock
What does Magnite do?
Magnite trades on the Nasdaq under the ticker MGNI. It is a mid cap company in the programming data processing industry, part of the technology sector, with a market value of about 3.6 billion dollars.
What is the ticker symbol for Magnite?
Magnite trades under the ticker MGNI on the Nasdaq.
What is Magnite's market cap?
Magnite is a mid cap stock with a market cap of about 3.6 billion dollars.
How does Magnite make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves MGNI stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow MGNI stock every day?
Add MGNI 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.