Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) PR Newswire Thu, Jan. 07 1 Comment Magnite to … The short seller said, "we believe investors are being misguided by Magnite’s growth prospects, and see 25%-50% downside." On January 7, 2021, after the market opened, Spruce Point Capital Management, LLC ("Spruce Point") issued a report titled "A Repellent Investment" that states "Magnite… Magnite (NASDAQ: MGNI) was named as a new short at Spruce Point Capital. Spruce Point Management alleges that Telaria suffered from business woes before its merger with Rubicon, which formed Magnite. Magnite drops after new short call from Spruce Point. View All Events Events. Magnite is the subject of a research report released by Spruce Point Management on January 7, 2021. On this news, Magnite shares fell $1.70, or 6.2%, from closing at $27.31 on January 6, 2021, to close at $25.61 on January 7, 2021. Magnite is the subject of a research report released by Spruce Point Management on January 7, 2021. But Susquehanna analyst Shyam Patil was quick to refute the downside risk, saying it was one of the best positioned companies in the connected-TV space, according to TheFly.com. Spruce Point Management alleges that … On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, "[w]e believe investors are being misguided by Magnite's growth prospects, and … Spruce Point Management alleges that Telaria suffered from business woes before its merger with Rubicon, which formed Magnite. Rosen Law Firm is preparing a … Magnite stock plummeted recently as Spruce Point Capital Management suggested the stock had 50% downside. 01/07 10:41. Rubicon allegedly also suffered from deep business problems prior to the merger. SA Breaking News. On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, “[w]e believe investors are being misguided by Magnite’s growth prospects, and see 25%-50% downside.” According to Spruce Point “[m]ultiple customer interviews all tell us that Magnite does not have much quality CTV inventory to currently sell.” So what. Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) Jan 7, 2021 Engaging Audiences is Critical for Successful Online Influencers Spruce Point Management alleges that Telaria suffered from business woes before its merger with Rubicon, which formed Magnite. Magnite, Inc. investors, represented by Kaplan Fox & Kilsheimer LLP, are looking into claims by short-seller Spruce Point Capital Management that the … ... Magnite (MGNI) stock drops after new short call from Spruce Point. Our Take On The Returns On Capital At Trade Desk (NASDAQ:TTD) 01/19 04:51. Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) Jan 07 2021 Strive Masiyiwa Appointed to Netflix Board of Directors Dec 16 2020 Netflix to Announce Fourth-Quarter 2020 Financial Results Dec 15 2020 On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, "[w]e believe investors are being misguided by Magnite's growth prospects, and see 25%-50% downside." Magnite, Inc. investors, represented by Kaplan Fox & Kilsheimer LLP, are looking into claims by short-seller Spruce Point Capital Management that the … 3 weeks Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) Business Insider On January 7, 2021, Spruce Point Capital Management published a research report alleging that the Company's "investors are being misguided by Magnite… Magnite is the subject of a research report released by Spruce Point Management on January 7, 2021. On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, “[w]e believe investors are being misguided by Magnite’s growth prospects, and … Magnite stock plummeted recently as Spruce Point Capital Management suggested … Rubicon allegedly also suffered from deep business problems prior to the merger. Spruce Point lays out a laundry list of allegations, accusing Magnite of "masking" pre-merger challenges, but the short-sellers biggest beef seems to be with the stock's current valuation. Nevertheless, Magnite stock was up 13% as of 2:45 p.m. EST. According to Spruce Point "[m]ultiple customer interviews all tell us that Magnite does not have much quality CTV inventory to currently sell." Date Type Rubicon allegedly also suffered from deep business problems prior to the merger. Nevertheless, Magnite stock was up 13% as of 2:45 p.m. EST. 01/07 10:41.

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