Magnite’s Temporary Headwinds Open Up An Opportunity

  • The company has been able to cement its position through a couple of acquisitions as the leading SSP for CTV which is on a secular growth path.
  • The company outgrowing the market, winning market share.
  • Problems at some customers create some temporary headwind which opened up an opportunity to add to our position.
  • There is risk in the company’s DV+ segment, which isn’t growing nearly as fast and is more cyclical.
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