Gaming Stocks Show First Cracks but Keep Upper Hand Amid Tariffs
President Donald Trump’s tariff rollout has finally wobbled Wall Street confidence in the video game industry, which entered this year with sky-high expectations because…
stock market
Nike’s Vietnam Manufacturing Shift Puts It in Trump’s Tariff Crosshairs
For the past two decades, Nike has worked to gradually diversify its manufacturing beyond China, with Vietnam emerging as the company’s most important market for…
Nike Sales Slump 9%, Execs Leave and New CEO Touts Turnaround Signs
Nike reported third-quarter revenue of $11.27 billion for the three months ending Feb. 28. It marked a 9% decline from the previous year’s quarter, but handily topped…
Nike’s Kardashian Partnership Fuels $6.7B in Market Gains
Nike and Kim Kardashian’s shapewear company Skims announced Tuesday they are teaming up for a new line of activewear for women. NikeSkims is set to launch this spring…
Big Tech Sports Stocks Help to Dominate Market in 2024
The tech giants have planted their feet in sports media rights—and they are here to stay, especially as long as they continue to rake in money. And, if 2024 was any…
Steph Curry, Chinese Stimulus Revive Under Armour, Amer as Stocks Gain
A raucous Steph Curry tour and gobs of Chinese government stimulus sparked sporting goods makers Under Armour and Amer Sports to double-digit gains in September, helping…
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…
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…
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