Magnite shares are trading higher after Netflix on Wednesday reportedly said it would launch in-house advertising technology platform by the end of 2025.
Portfolio Pulse from Benzinga Newsdesk
Magnite shares are trading higher after Netflix announced plans to launch an in-house advertising technology platform by the end of 2025.
May 16, 2024 | 6:17 pm
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Magnite shares are experiencing a boost following Netflix's announcement of developing its own advertising technology platform by 2025.
Magnite's stock is positively impacted as the market anticipates potential opportunities or partnerships with Netflix's new ad tech platform. The news suggests a growing market for ad tech solutions, benefiting companies like Magnite.
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