Why Magnite Stock Is Soaring Today

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

The stock jumped as much as 10.4% on Wednesday and is up about 7% as of 1:45 p.m. EST. This follows third-quarter results earlier this month that crushed Wall Street estimates, a handful of analyst upgrades for the stock, and bullish commentary from management during recent investor presentations.