Magnite's high P/S ratio is surprising considering its futur...
Magnite's high P/S ratio is surprising considering its future revenue forecasts align with the industry. The high share price may not last unless it outperforms the industry soon. Investors could face disappointment if the P/S aligns with the growth outlook.
Magnite, Inc.'s (NASDAQ:MGNI) 29% Share Price Surge Not Quite Adding Up
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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