🟢 Magnite is trading 19.74% up today after earnings beat and raised guidance

Magnite is trading 19.74% up now at $24.78 after its August 5, 2026, earnings substantially exceeded expectations.

• Revenue reached $192.8 million; non-GAAP EPS was $0.26 versus $0.25 expected.
• CTV contribution ex-TAC surged 36% year over year to $97.1 million; management raised full-year contribution growth and EBITDA-margin targets.
• Shares rose 7.93% in after-hours trading; the move is company-specific rather than broad-market driven, reinforcing confidence in continued CTV momentum.