Vivid Seats Plunges 16% on Ticket Supply Even as Sports Strengthens
Ticket reseller Vivid Seats shares plunged in trading on the Nasdaq Stock Market Tuesday as Wall Street analysts slashed their outlook for the company. Vivid shares fell…
stock market
Dick’s Sporting Goods Stock Slides Despite Profit Margin Rise
Dick’s Sporting Goods made a splash, beating out Wall Street’s earnings estimates Wednesday, but that didn’t stop its stock from slipping into the negative. The…
Sports Stocks Plunge With Market Over Interest Rate Cut Fears
Volatile global markets have pulled in sports stocks Monday as broad concerns about the U.S. job market and what that means for anticipated interest rate cuts sent the…
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…
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…
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