These stock slides are an omen for sports teams

Thursday Sunday-Extensive sale Donald Trump will wake up in the announcement of tariffs Extensive variable effects For sports groups, fans and owners. However, due to the most basic life of the industry that pays live entertainment, especially the current concerns of the market.

Ticket Marketplace Live Seats (NASDAQ: Seat) Thursday’s first couple of hours of his trade was up to 10%. In the late 2021, it is always close to the company to the public with a spac deal with a spac deal.

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Import, import new, not because it is facing high tariffs, more, more widely, the decline, and so on. According to concerns, the main benefit of sports and incurable consumption costs is a benefit.

However, there is a proof that the sports teams can make the market-wide economic decline in weather conditions. Many investors have a special sport because the assets are relating to a broader market. Both the great decline and the Great Recession of 2008 and the last Covid-19 Pandemic, the estimates of franchise continued to grow up.

“To show how special of these assets, seven control sales were made during the great decline, and the six of them were recorded,” Sports Banker Sal Galatioto, last month Athlete Podcast. “What can you say about this in the economic periods that suffer from other active classes?”

Bright seats are also a relatively small public company with sports standards. The existing market lid is about $ 15.6 billion for Nike, $ 8.6 billion, $ 15.6 billion and $ 1.2 billion for Topgolf Callaway and a few sports reserves in Thursday. He said that the whole work of the living thing is inextricably associated with living events or as a sales market or a broker. The first article listed in the risks section of the last 10 K “” has a negative impact on the supply of live concerts, sports and theater measures and / or reductions. “

Last year, the company said that $ 775 million had income. His brokerage work was 16% or $ 127.7 million. The other 84% or 648 million dollars was from the section of the market place serving as a mediator between ticket receivers and vendors.