Sports Team Stocks Struggling Since COVID
In yesterday’s newsletter, we highlighted a trio of sectors within the sports industry whose indexes have risen in value since the COVID outbreak (live entertainment…
stock market
Leagues, Live Entertainment Indices Beat Pre-COVID Values Despite Slide
The ongoing rotation from revenue growth stocks into companies with EBITDA and EPS has been felt across the sports industry. After outpacing the S&P 500’s index through…
Packers Seek $90M in Stock Sale by Offering Passion, Not Profit
The Green Bay Packers are testing their fans to see how much they truly love their team. The Packers are giving members of their fanbase a chance to call themselves…
Sports Betting Likely to Resemble Wall Street Financial Markets
Thomas Halikias (founder, Drives Football) believes in-game micro sports betting will transform the way sports fans wager on games. But the former UBS managing director…
Olympic Rights News Can Give Short-Term Lift to Domestic Stocks
On July 21, the International Olympic Committee recently awarded Brisbane, Australia, the 2032 Olympic Games. Since then, the ASX200—Standard & Poor’s benchmark index…
Pitching Strikes, Picking Stocks Demand Stats, Savvy and Patience
Today’s guest columnist is Ross Stripling, a pitcher with the Toronto Blue Jays and a broker with Skyward Financial. As a Major League pitcher and a licensed financial…
March Madness Daily: Indexing the NCAA’s Corporate Sponsors
Despite increasing signs of the NCAA’s unpopularity within the halls of government and the corridors of social media, the Indianapolis-based organization that regulates…
Grand Canyon’s First NCAA Tourney Highlights Its For-Profit Past
If you want to pick an NCAA Tournament team for your bracket and a stock for your portfolio, Grand Canyon University is offering this rare, two-for-one March Madness…
Sports Sponsorships Boost Stock Prices Before the Deals Are Announced, Study Says
There has been much debate over how much sports sponsorship announcements impact advertisers’ stock prices. While many studies have found a positive abnormal return…
Sports and Entertainment Stocks Looking at H2 ‘Boom’ in 2021
The JohnWallStreet Sports Stock Index is up 38% since its Aug. 1 introduction, reflecting investor optimism in approved vaccines putting an end to the pandemic, as well…
Market Shift from Growth to Value Equities May Entice Sports SPACs to Do the Same
Last Monday (Nov. 9), “value” stocks within the traded equity markets outpaced their “growth” counterparts by the widest margin for any single day in nearly a century…
Pro Sports Teams Haven’t Made for Good Public Companies, But SPAC Principals Remain Undeterred
Historically, the public markets have undervalued pro sports franchises. Sportico’s Brendan Coffey recently wrote about how both Liberty Braves (BATRA) and Madison…
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