|Bid||12.50 x 1300|
|Ask||12.71 x 1000|
|Day's Range||12.59 - 13.05|
|52 Week Range||5.59 - 14.96|
|Beta (5Y Monthly)||2.17|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 22, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.15|
Many investors are likely wary of buying stocks after the market's dismal performance in 2022. Inflation, rising interest rates, and other macro headwinds battered the market and deflated many high-growth stocks which had soared in 2020 and 2021. Meta, once known as Facebook, lost more than half its value over the past 12 months as investors fretted over the slowing growth of its advertising business and its obsession with the unprofitable metaverse.
NEW YORK, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the fourth quarter ended December 31, 2022 after the market close on Wednesday, February 22, 2023. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook. Live conference call Toll free number:(844) 875-6911 (for domestic callers)Direct dial number:(412) 902-651
The Trade Desk's (NASDAQ: TTD) stock skyrocketed nearly 860% over the past five years as the S&P 500 rose just over 40%. The ad tech company impressed investors with its breakneck growth: Between 2016 and 2021, its revenue rose at a compound annual growth rate (CAGR) of 43% as it net income grew at a CAGR of 46%. The Trade Desk is the world's largest independent demand-side platform (DSP) for digital ads.