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Stock impact report

Rush Street Interactive: Continued Geographical Expansion And Improved Profitability Will Not Justify Current Valuation [Seeking Alpha]

Rush Street Interactive, Inc. Class A (RSI) 
Company Research Source: Seeking Alpha
Apart from Alberta, there is a strong likelihood that the company will further expand into other LATAM countries; my analysis suggests that revenue from LATAM can potentially increase by 136%. It is important to highlight that RSI has only just achieved profitability and still has multiple levers to pull to further expand the company's margins. Despite RSI's strong liquidity and balance sheet, my valuation analysis suggests that the company is overvalued with no upside potential; those who already have positions should take some profits now. luza studios/iStock via Getty Images Introduction Based on my analysis Rush Street Interactive ( RSI ) is an extremely attractive company with a strong potential. Apart from sustained revenue growth due to potential domestic and international expansion, there is a likelihood that This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans Show less Read more
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