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Should You Hold Magnite Inc (MGNI) Stock Wednesday Morning?

Wednesday, December 01, 2021 09:11 AM | InvestorsObserver Analysts

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Should You Hold Magnite Inc (MGNI) Stock Wednesday Morning?

Magnite Inc (MGNI) is up 2.16% today.

Overall Score - 43
MGNI has an Overall Score of 43. Find out what this means to you and get the rest of the rankings on MGNI!
MGNI stock closed at $17.63 and is up $0.38 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. MGNI has a roughly average overall score of 43 meaning the stock holds a better value than 43% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. MGNI gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Magnite Inc currently has the 94th highest Short-Term Technical score in the Advertising Agencies industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders. Magnite Inc's Overall and Short-Term Technical score paint a mixed picture for MGNI's recent trading patterns and forecasted price. Click Here To Get The Full Report on Magnite Inc (MGNI)

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