Magnite (MGNI) shares rallied 14.3% in the last trading session to close at $24.12. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 29% gain over the past four weeks. Magnite is benefitting from the traction in its programmatic advertising offerings, specifically within Connected TV, along with deepening relationships with Netflix and Roku, and expanding AI-driven tools. This digital ad exchange operator is e ...