Magnite is trading 4.42% up at $20.44 as investors anticipate the company's upcoming second-quarter financial results.
- The company is scheduled to report on August 5, with analysts expecting revenue of $179.2 million and an adjusted EPS of $0.25.
- Shares are also seeing tailwinds from a broader market rally, with the S&P 500, Nasdaq, and Dow all trading higher, boosting growth-oriented ad-tech stocks.