Magnite Stock Rises Over 20% on Its $1.17 Billion Deal for SpotX

Shares of advertising platform Magnite (NASDAQ: MGNI) — product of the merger between The Rubicon Project and Telaria last summer — are up over 20% today. The company is building on its strength in connected TV (CTV) by acquiring SpotX from RTL Group for $1.17 billion. The dealRead MoreMarketsMarkets Feed