Magnite (MGNI) Climbs 12.6% on Strong Earnings, Buyback Plan

We recently published Wall Street Can’t Keep Up: 10 Big Names on a High. Magnite Inc. (NASDAQ:MGNI) was one of the best performers on Thursday. Magnite rallied for a third straight day on Thursday, jumping 12.61 percent to close at $13.48 apiece, as investor sentiment was bolstered by its stellar earnings performance, coupled with news that it would buy back $200 million of its shares for a two-year period. In an updated report, Magnite Inc. (NASDAQ:MGNI) said that net income for full-year 2025 soared b ...