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 run of bearishness on growth...
View ArticleSuper 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 rallied the past four weeks. The...
View ArticleSports 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 investors continue to shun growth...
View ArticleParamount 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 finish at a 19-month low but...
View ArticleIt 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 Sport Stock Index ending June down from...
View ArticleSports 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 broad-based gains in the month...
View ArticleBear 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.
View ArticleGenius, Caesars Lead Sports Stocks Bounce-Back in October
A mid-October slip to two-year lows seemed to have stocks on the precipice of a much larger bear move. But buyers rallied to lift the market higher, as renewed favor for small and midcap stocks boosted...
View ArticleMan United’s Best Week Ever Powers Sports Index Higher in November
The Glazer family disclosing its willingness to sell Manchester United (MANU) sparked the club’s stock to its best week ever—a 70% share price rally that added more than $1.5 billion to its market cap...
View ArticleTech Trends Continue to Shake Sports Fandom. May the Best Ideas Win
In 2022, a number of new technologies offered glimpses of their promise for sports—and their drawbacks. An explosion of streaming services has brought more action to our fingertips, while...
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