On January 7, 2021, Spruce Point Capital Management published a research report alleging that the Company's "investors are being misguided by Magnite… Nevertheless, Magnite stock was up 13% as of 2:45 p.m. EST. Magnite, Inc. investors, represented by Kaplan Fox & Kilsheimer LLP, are looking into claims by short-seller Spruce Point Capital Management that the … Magnite, Inc. investors, represented by Kaplan Fox & Kilsheimer LLP, are looking into claims by short-seller Spruce Point Capital Management that the … 01/07 10:41. Nevertheless, Magnite stock was up 13% as of 2:45 p.m. EST. Spruce Point Management alleges that … 3 weeks Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) Business Insider ... Magnite (MGNI) stock drops after new short call from Spruce Point. So what. But Susquehanna analyst Shyam Patil was quick to refute the downside risk, saying it was one of the best positioned companies in the connected-TV space, according to TheFly.com. Spruce Point Management alleges that Telaria suffered from business woes before its merger with Rubicon, which formed Magnite. Magnite stock plummeted recently as Spruce Point Capital Management suggested the stock had 50% downside. Our Take On The Returns On Capital At Trade Desk (NASDAQ:TTD) 01/19 04:51. Rubicon allegedly also suffered from deep business problems prior to the merger. On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, “[w]e believe investors are being misguided by Magnite’s growth prospects, and see 25%-50% downside.” According to Spruce Point “[m]ultiple customer interviews all tell us that Magnite does not have much quality CTV inventory to currently sell.” Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) Jan 7, 2021 Engaging Audiences is Critical for Successful Online Influencers 01/07 10:41. On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, "[w]e believe investors are being misguided by Magnite's growth prospects, and … On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, “[w]e believe investors are being misguided by Magnite’s growth prospects, and … Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) Jan 07 2021 Strive Masiyiwa Appointed to Netflix Board of Directors Dec 16 2020 Netflix to Announce Fourth-Quarter 2020 Financial Results Dec 15 2020 On January 7, 2021, after the market opened, Spruce Point Capital Management, LLC ("Spruce Point") issued a report titled "A Repellent Investment" that states "Magnite… According to Spruce Point "[m]ultiple customer interviews all tell us that Magnite does not have much quality CTV inventory to currently sell." Spruce Point lays out a laundry list of allegations, accusing Magnite of "masking" pre-merger challenges, but the short-sellers biggest beef seems to be with the stock's current valuation. Magnite (NASDAQ: MGNI) was named as a new short at Spruce Point Capital. Rubicon allegedly also suffered from deep business problems prior to the merger. Spruce Point Management alleges that Telaria suffered from business woes before its merger with Rubicon, which formed Magnite. Magnite is the subject of a research report released by Spruce Point Management on January 7, 2021. SA Breaking News. View All Events Events. The short seller said, "we believe investors are being misguided by Magnite’s growth prospects, and see 25%-50% downside." Spruce Point Management alleges that Telaria suffered from business woes before its merger with Rubicon, which formed Magnite. On this news, Magnite shares fell $1.70, or 6.2%, from closing at $27.31 on January 6, 2021, to close at $25.61 on January 7, 2021. Magnite is the subject of a research report released by Spruce Point Management on January 7, 2021. Rubicon allegedly also suffered from deep business problems prior to the merger. On Jan. 7, 2020, research firm Spruce Point Capital Management published a report stating, "[w]e believe investors are being misguided by Magnite's growth prospects, and see 25%-50% downside." Date Type Magnite drops after new short call from Spruce Point. Spruce Point Capital Management Releases Report and Strong Sell Research Opinion on Magnite, Inc (NASDAQ: MGNI) PR Newswire Thu, Jan. 07 1 Comment Magnite to … Rosen Law Firm is preparing a … Magnite stock plummeted recently as Spruce Point Capital Management suggested … Magnite is the subject of a research report released by Spruce Point Management on January 7, 2021.