Magnite Inc. (MGNI)

Trading Activity

  • Price at 05:55 PM CET on 20 Oct 2026: USD 24.07
  • Daily change: +0.77 %
  • 24‑hour volume: USD 30.1 million
  • Shares outstanding: 143.4 million
  • Market capitalization: USD 3.4 billion
  • 52‑week high: USD 26.84 (17 Sep 2026)
  • 52‑week low: USD 10.82 (12 Feb 2026)
  • 200‑day simple moving average: USD 17.32
  • Month‑end decline since 23 Sep 2026: –6.95 %

Upcoming Events

  • The company will present its most recent quarterly results at the finance conference scheduled for 4 Nov 2026.
  • Analysts expect a significant improvement in earnings per share compared with the prior year.
  • Revenue is projected to increase modestly.
  • Management will also discuss the full‑year outlook, indicating higher earnings and sales than last year’s figures.

Industry Context

  • Rubico Inc., a foreign issuer, has filed a prospectus supplement for a senior convertible notes offering.
  • The offering will raise approximately USD 8.5 million in the first tranche and USD 5 million in the second, with a placement agent fee of 6 %.
  • Net proceeds are expected to be roughly USD 12 million.
  • Notes carry an 8 % cash interest rate, mature after 12 months, and may be converted at a fixed price tied to the issuer’s share price.
  • The offering also includes warrants and pre‑funded warrants, providing additional equity exposure.
  • The public market for these securities is unlikely to develop, and the offering is subject to customary closing conditions.

Related Stock Performance (24 h)

  • Belden (BDC): +0.82 % to USD 105.33, market cap USD 4 billion, P/E 16.72.
  • Dianthus Therapeutics (DNTH): +3.40 % to USD 77.77, market cap USD 4 billion.
  • FTI Consulting (FCN): –0.29 % to USD 149.80, market cap USD 4 billion, P/E 17.76.
  • Recent regulatory disclosure: Chairman Sir Nigel Rudd purchased 121,429 shares at 70.0 p each on 16 Oct 2026, representing roughly 1.5 % of issued capital.
  • Corvel (CRVL): +0.04 % to USD 81.51, market cap USD 4 billion, P/E 35.37.
  • Cavco Industries (CVCO): –2.11 % to USD 518.25, market cap USD 4 billion, P/E 22.62.

Company Overview Magnite Inc. is headquartered in New York, United States, and specializes in online advertising solutions delivered through real‑time cloud and big‑data computing platforms. The company serves a global customer base and is listed on the New York Stock Exchange (ticker: MGNI). Its initial public offering was conducted on 2 April 2014.