Bear Market Erases Two Years of Sports Stocks Gains
Despite sports betting companies seeing good trends with the start of the NFL season, the JohnWallStreet Sports Stock Index is down 14% in September.
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Sports Stocks Enjoy Best Month of 2022 as Faze Clan, Betting Shares Surge
Sports stocks ended a four-month losing streak in July, rallying more than 10% to post their best month since November 2020. The JohnWallStreet Sports Stock Index saw…
It Keeps Getting Worse for Sports Stocks in Summer Meltdown
To flip a common stock market phrase, an ebbing tide lowers all boats. Sports stocks stumbled into summertime, with 39 of the 40 components of the JohnWallStreet…
Paramount Uses Tom Cruise to Overcome Super Bowl Absence and Lead May Index
Sports stocks fell for the third-straight month as the JohnWallStreet Sports Stock Index couldn’t withstand the broad bear market. The Sportico index slipped about 3% to…
Sports Stocks Can’t Hide From Bears as Index Hits 18-Month Low
The JohnWallStreet Sports Stock Index suffered its worst month ever, falling 14% in April as 38 of the index’s 40 components finished lower, most down sharply, as…
Super Group, Paramount Lead Mixed Month for Sports Stocks
Sports stocks eased slightly lower in March, marking the fifth time in the past six months that Wall Street has sold off the sector even as the broader market has…
Sports Stocks See February Bounce on Betting, Event Hopes
Sports stocks halted a four-month slide in February, posting modest gains as investors started embracing positive developments in sports betting and live events after a…
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Bears Come for Sports Stocks, as Betting Plays Lead Way Down Again
Sports betting stocks continue to get walloped by the bears, leading the JohnWallStreet Sports Stock Index down in January. The index lost 7.5% to begin the year…
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F1 Paces Sports Stocks in 2021 as Betting Buys Stumble Into New Year
Auto racing stocks paced the JohnWallStreet Sports Stock Index for 2021, as shares of NASCAR track owner Dover Motorsports and Formula One each returned more than 50% in…
Betting Stocks Blood Bath Drags Sports Index to Worst Month Ever
A combination of poor performance on October NFL bets, New York taxes on sports books and investors getting defensive spurred a broad sell-off in sports stocks in…
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Braves Postseason Run Pushes Club to Front of Sports Stock Index
The Atlanta Braves’ unexpected run to the World Series has also led to a run up in its shares on the Nasdaq Stock Market, as the Liberty Media-owned club has seen its…
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Teams Lead Sports Index to Beat S&P, as Sportradar Added, Topps SPAC Out
Sports teams and leagues led the JohnWallStreet Sports Stock Index to its second straight outperformance of the S&P 500, even as a volatile market dragged both the broad…
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