Why One Fund Added $6.1 Million to Magnite Stock Despite a Flat 12 Months

Magnite, Inc. operates an independent sell-side advertising platform in the digital advertising ecosystem. Magnite's platform offers applications and services for publishers to manage and monetize their digital advertising inventory, and provides buyers with tools to purchase digital advertising inventory.As of Friday, shares of Magnite were priced at $16.06, roughly flat over the past year and underperforming the S&P 500 by 15.73 percentage points.According to an SEC filing released Monday, Kopion Asset Ma ...