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Why Magnite (MGNI) Shares Are Sliding Today
Yahoo Finance· 2025-11-06 16:37
Core Insights - Magnite's shares fell 18.5% following the release of its earnings report, despite reporting a revenue of $179.5 million, which is a 10.8% year-on-year increase and slightly above the consensus estimate of $178 million [1] - The adjusted earnings per share were $0.20, meeting analyst expectations, while adjusted EBITDA was $57.17 million, exceeding estimates by 7.7% [1] - The operating margin improved significantly to 14% from 9.3% in the same quarter last year, indicating strong operational performance [1] Market Reaction - The volatility of Magnite's shares is notable, with 37 moves greater than 5% in the past year, indicating that the recent earnings report had a significant impact on market perception [3] - The broader market, particularly the tech-heavy Nasdaq, experienced a decline of approximately 1.4%, influenced by profit-taking and concerns over high valuations in AI-related stocks [4] - Leadership at Goldman Sachs and Morgan Stanley suggested a potential correction in equity markets over the next couple of years, viewing this as a healthy feature of a long-term bull market [5] Stock Performance - Year-to-date, Magnite's stock is down 9.8%, trading at $14.52 per share, which is 45.2% below its 52-week high of $26.52 from August 2025 [6] - An investment of $1,000 in Magnite's shares five years ago would now be worth $1,279, reflecting a modest growth over the long term [6]
Analyst Rating Hits Snap (SNAP) Shares, Adding Pressure to Company Already Facing Ad Platform Lawsuit, According to Hagens Berman
Globenewswire· 2025-10-01 17:52
SAN FRANCISCO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Shares of social network Snap Inc. (NYSE: SNAP) fell 6.6% after investment firm Mizuho reportedly initiated coverage on the company with a Neutral rating and a $9 price target. Mizuho purportedly described the company as a “show-me story” and cited weak feedback from Snap’s advertising channels. This analyst action comes on the heels of a federal securities class action lawsuit filed against Snap and certain senior executives, alleging the company presented a ...
Snap Inc. (SNAP) Faces Class Action Over Ad Platform, Investors Allege Misleading Statements -- Hagens Berman
Prnewswire· 2025-09-17 01:43
Core Viewpoint - A securities class action lawsuit has been filed against Snap Inc. and certain senior executives, alleging misleading representations regarding its digital advertising platform and growth prospects, following a significant decline in stock price after Q2 2025 financial results [1][2]. Group 1: Lawsuit Details - The lawsuit claims Snap provided false assurances about the effectiveness of its advertising platform and its revenue-driving potential, while actually facing negative impacts from a major execution error related to recent changes in the ad platform [2][4]. - The alleged deception became apparent on August 5, 2025, when Snap reported Q2 2025 results, missing analyst estimates for GAAP EPS and revealing a drastic slowdown in ad revenue growth from 9% in Q1 to just 1% in April [3]. Group 2: Financial Impact - Following the disappointing Q2 results, Snap's stock price dropped approximately 17% the day after the announcement, reflecting investor reaction to the disclosed issues [3]. Group 3: Investigation and Support - Hagens Berman, a law firm representing investors, is investigating whether Snap misled investors regarding the ad platform changes that led to revenue deceleration and share price decline [4]. - The firm is urging investors who suffered losses to come forward and is also encouraging whistleblowers with non-public information to assist in the investigation [5].
ViewBix Inc(VBIX) - Prospectus(update)
2025-03-24 21:30
VIEWBIX INC. As filed with the Securities and Exchange Commission on March 24, 2025 Registration No. 333-281143 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 6770 68-0080601 (I.R.S. Employer Identification No.) 3 Haneh ...
ViewBix Inc(VBIX) - Prospectus
2024-07-31 20:29
As filed with the Securities and Exchange Commission on July 31, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VIEWBIX INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 6770 68-0080601 (I.R.S. Employer Identification No.) 3 Hanehoshet St, Building B, 7th ...