Endeavor Group Holdings Inc ( (EDR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Endeavor Group Holdings’ stock took a hit following its Q4 and full-year 2024 financial results. Despite impressive revenue growth in its Owned Sports Properties and Representation segments, the company reported a net loss, leading to a downgrade to ‘Sell’ by Seaport Research and a price target reduction by BMO Capital. These actions highlight market concerns over Endeavor’s financial health and strategic plans, including asset sales and a take-private transaction.
More about Endeavor Group Holdings Inc
YTD Price Performance: -1.60%
Average Trading Volume: 1,691,083
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.04B
For further insights into EDR stock on TipRanks’ Stock Analysis page.
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