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Magnite, Inc. (MGNI): A Bull Case Theory

We came across a bullish thesis on Magnite, Inc. (MGNI) on wallstreetbets Subreddit Page by 19Doughboy98. In this article, we will summarize the bulls’ thesis on MGNI. Magnite, Inc. (MGNI)'s share was trading at $16.42 as of Jan 22nd. MGNI’s trailing and forward P/E were 126.31 and 20.53 respectively according to Yahoo Finance.

Magnite (MGNI) presents a compelling investment opportunity following Netflix's blowout Q4 earnings, which highlighted the explosive growth of ad-supported streaming. Netflix reported that 55% of its new subscribers in ad-supported markets opted for the ad...