Sports Stocks Suffer in July as Betting Shine Dulls for Investors
Sports stocks suffered their worst month in a year, as sports betting-related issues tallied losses with investors reconsidering the lofty valuations they placed on…
Sports stocks suffered their worst month in a year, as sports betting-related issues tallied losses with investors reconsidering the lofty valuations they placed on…
Nike’s fourth-quarter sales were almost double those of a year ago as the company reported its fiscal 2021 earnings to Wall Street on Thursday afternoon. Revenue in the…
Shares in fantasy sports pioneer DraftKings plunged more than 11% in early trading Tuesday as short-seller Hindenburg Research issued a report stating the company has…
Sports data and analytics firm Genius Sports will sell as many as 23 million shares in a secondary stock offering being led by Goldman Sachs, according to a release…
An increase in sponsorship and media rights revenue for Ultimate Fighting Championship was a bright spot for Endeavor Group Goldings, as the newly public business…
Sportico‘s benchmark sports stock index edged out the broad market in May, as a late-month rebound pulled equities from a mid-month slump to tally a modest gain heading…
Genius Sports revenue surged 52% in the first quarter of the year and raised its sales forecast for the year by as much as 37% as the sports data and analytics company…
DraftKings shares opened roughly flat in early trading Friday after the company released revenue numbers that beat analyst estimates, and once again raised its financial…
Genius Sports has reached an agreement to purchase Second Spectrum, a video analytics platform that works with the NBA, Premier League and Major League Soccer, for $200…
Revenue declined almost $85 million for the New York Knicks and Rangers in the third quarter, as pandemic restrictions on fans gutted ticket, concession and merchandise…
The JohnWallStreet Sports Stock Index rebounded in April to finish up nearly 3%, a modest gain even as many component stocks experienced wild swings in the month. The…
If the fall quarter is when the national broadcasters rake in the bulk of their money, spring is the boom time for the regional sports networks, a period that coincides…