3 Reasons Why Magnite Should Perform Well Moving Forward
Magnite (NASDAQ: MGNI) stock has dropped significantly over the past year as investors' concerns about its customers' ad budgets shrinking have come to fruition. Companies in the auto, electronics, and consumer products industries have pulled back on their ad spending over the last year, which is bad for Magnite's ad-tech business.
Despite the pullback in advertising, some positives should take hold during the second half of 2022 to bolster Magnite's business. Here are three reasons why Magnite's ad-tech business should perform well moving forward and into 2023.
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Source Fool.com
