| Magnite provides technology solutions to automate the purchase and sale of digital advertising inventory. Co.'s platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate connected television channels, applications, websites and other digital media properties, to manage and monetize their inventory; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms, to buy digital advertising inventory; and a marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. We show 9 historical shares outstanding datapoints in our MGNI shares outstanding history coverage, used to compute MGNI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MGNI market cap history over the course of time is important for investors
interested in comparing MGNI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MGNI versus a peer is one thing; comparing
MGNI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MGNI can fluctuate over the course of history.
With this page we aim to empower investors researching MGNI by allowing them to research the MGNI market cap history.