Shares of Magnite (NASDAQ: MGNI) were pulling back last month as a pair of news items weighed on the ad tech stock even as the broad market rallied. First, Netflix made a surprising move, choosing Microsoft as its advertising partner, which includes using the tech giant's own ad tech platform, likely blocking out pure plays like Magnite. As you can see from the chart, it was a volatile month for the ad tech company.
Snap (SNAP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Snap's incredible fall over the past year. How worried shareholders of Alphabet and Meta Platforms should be. Intuitive Surgical's latest results.