On Friday’s trading session, Magnite Inc (Symbol: MGNI) saw its shares surging above the 200-day moving average of $9.88, trading as high as $10.22 per share. At present, Magnite Inc’s shares are up by approximately 4.7% for the day. The chart depicts the one-year performance of MGNI shares as opposed to its 200-day moving average.
Upon analyzing the chart, it is evident that MGNI’s 52-week range spans from a low point of $6.28 per share to a high point of $15.73, comparing favorably with the last trade at $10.23 per share.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
