Magnite, Inc.Long
MGNI points out to higher valuation
Updated
MGNI beat EPS and REV in a very competitive industry, pointing out that its market price is undervalued by the crowd.
The Co shows decent profitability and double-digit revenue growth. Moreover, the Co is committed to pro-active cost management - it slashes 6% of the workforce. it sounds not good, but this shows high adaption commitments.
Size your positions according to your risk tolerance.
The Co shows decent profitability and double-digit revenue growth. Moreover, the Co is committed to pro-active cost management - it slashes 6% of the workforce. it sounds not good, but this shows high adaption commitments.
Size your positions according to your risk tolerance.
Trade active
Watch if crosses below 200MATrade closed: stop reached
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