Here's Why Magnite Stock Is Jumping Today

Shares of supply-side digital advertising platform Magnite (MGNI 11.16%) jumped higher on Friday after a prominent analyst recommended buying the stock. Investors might be surprised that commentary such as this could cause such a big move -- Magnite stock was up 11% as of 10:50 a.m. ET today. But the analyst noted some big news in recent days that many investors might have overlooked. Magnite is securing big deals According to StreetInsider, Bank of America analyst Omar Dessouky just upgraded Magnite stock ...