Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

NASCAR Trial Day 4: NASCAR President Steve O'Donnell Testifies [Forbes]

Liberty Media Corporation - Series C Liberty Live (LLYVK) 
Company Research Source: Forbes
O'Donnell revealed during his testimony that the France Family that owns NASCAR were against any changes to a new revenue model that was sought by the teams, Jenna Fryer of the Associated Press reported. A charter is the equivalent of the franchise model used by other sports leagues, but in NASCAR it guarantees a team a spot in the field for all 38 races plus a designated percentage of revenue. NASCAR is being sued by 23XI Racing and Front Row Motorsports for anti-trust violations claiming it operates as a monopoly. Basketball Hall of Famer Michael Jordan and three-time Daytona 500 winner and NASCAR star Denny Hamlin co-owns 23XI Racing. Bob Jenkins is the owner of Front Row Motorsports. Those were the only two organizations of the 15 in NASCAR that did not sign agreements in 2024 on new charters. NASCAR Triall Details On Day 4 According to the AP report, NASCAR teams went to the sanctioning body in early 2022 asking for an improved revenue model and argued the system at the Show less Read more
Impact Snapshot
Event Time:
LLYVK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LLYVK alerts
Opt-in for
LLYVK alerts

from News Quantified
Opt-in for
LLYVK alerts

from News Quantified