Magnite vs. Google: Ad Tech Lawsuit Sends Shares Tumbling
Magnite stock plunges after suing Google for alleged anti-competitive ad practices! Is this a major setback or just another blip for the volatile ad-tech company? We break down the lawsuit, investor jitters, and Magnite's overall performance, revealing why long-term investors might not be panicking just yet. Plus, we examine how surprisingly positive inflation data could impact the Fed's next move and potentially benefit Magnite down the road. Hosted on Acast. See acast.com/privacy for more information.