🟢 MGNI is trading 5.3% up today as Walmart adds it as ad tech partner

MGNI is trading 5.3% up at $18.23 after being named as a new ad tech partner for Walmart’s retail media platform.

• Walmart ended its exclusive demand-side partnership with The Trade Desk, adding Magnite among several competing technology providers.
• The move has significantly boosted investor sentiment regarding Magnite’s demand and its strategic positioning in the retail media sector.