MGNI is trading 4.2% up at $19.52, extending last week’s rally after Walmart Connect selected the company as a key supply-side partner for its expanding offsite media platform.
- Investors are repricing the company's growth potential within the retail media and connected TV (CTV) advertising sectors following the partnership news.
- Broader U.S. indices are also trading higher, providing a supportive market backdrop for the stock's continued upward move.