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A bi-partisan bill has been introduced to break up major digital advertising companies in the US. Google is deeply involved in many aspects of the digital ad value chain. While Google does command a meaningful share in programmatic advertising, many alternatives do exist. A br...
Snap (NYSE:SNAP), the "camera company" social-media platform, may not want to keep the picture of Tuesday's market action. Snap stock fell 43% on the day, its worst single decline ever. That nearly halved a market value that had reached over $38 billion; the company's now worth just under $21...
Snap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. As a result, many digital advertisers and social media stocks plunged in unison. Pinterest (NYSE: PINS)...
NEW YORK, May 24, 2022 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell side advertising platform, announced today that it has signed with NewsGuard, an organization that rates news sources for credibility and transparency, as part of its ongoing commitment to brand ...
The shares have come crashing down on valuation multiple contraction and economic slowdown risk, but we think most of that is priced in and the shares are cheap. Headline earnings and debt look bad, but GAAP figures are marred by acquisitions, the company is financially sound and gene...
Snap (NYSE:SNAP) is now down 28% in premarket trading after warning that its Q2 revenue and EBITDA will fall below its previous low-end guidance. Snap's prior guidance was provided only a month ago. Snap's selloff has already hit related stocks which are liquid enough to trade ...
Snap (SNAP) is now down 31% in after-hours trading, after warning that its Q2 revenue and EBITDA will fall below its previous low-end guidance, which was provided only a month ago. Snap's sell off has already hit related stocks which are liquid enough to trade after-hours. Soci...
Gainers: Zoom Video Communications (ZM) +7%. Praxis Precision Medicines (PRAX) +5%. VNET Group (VNET) +4%. ACV Auctions (ACVA) +4%. Lixiang Education Holding Co (LXEH) +3%. Losers: Meta Platforms (FB) -8%. The Trade Desk (TTD) -7%. Magnite (MGNI) -6%. Nkarta (NKTX) -5%. Roku (ROKU) ...
April brought another dip in overall television usage - and another record share of the usage went to streaming media. Streaming usage climbed over a 30% share of TV time for the first time, to 30.4%, and it took share from all other areas: Cable share dipped to 36.8%; Broadcast TV usage fell...
Magnite, Inc. is an emerging global player in the highly dynamic ad tech realm, which primarily offers a sell-side platform to its clients. It has serious partnerships with some of the biggest names in the media space. The company is positioned in a transformative industry that is...
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Magnite Chosen as the Preferred Technology Partner to Enhance TELUS' Connected TV Offering Canada NewsWire TELUS will leverage Magnite's SpringServe Ad Server and Streaming SSP to bring innovative advertising opportunities to the Canadian market TORONTO , ...
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world’s largest independent sell-side advertising company, will announce its financial results for the second quarter ended June 30, 2024 after the market close on Wednesday, August 7, 2024. The Company will host a con...
2024-07-03 03:08:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...