Magnite (MGNI) Stock News
$MGNI · NASDAQ · 1 stories in 30 daysBORSA has published 1 story on Magnite (MGNI) in the past 30 days. BORSA’s news read on MGNI is bullish at 61/100, −1 over 24 hours, based on 1 company event over the past 30 days. MGNI last closed at $24.48 on Oct 15, down 3.81% over five sessions and up 2.94% over the past month. Magnite’s next earnings report is scheduled for Wednesday, Nov 4 after the close.
The wire on $MGNI
newest first · updated · direct subject stories onlyMagnite completes term loan and revolving credit facility repricing, reduces rate by 50 bps
Magnite (MGNI) repriced its $358 million term loan and $175 million revolver, cutting interest costs by $1.8 million annually. The term loan rate dropped 50 bps to SOFR + 2.50%; the revolver margin fell 100 bps. Cumulative reduction of 250 bps since Feb 2024.
bullish 70 · impact 40