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0 0.008347245409015 -0.010016694490818 0.008347245409015 0.0467445742904842 0.00417362270450757 -0.0333889816360601 0.00584307178631054
Stock impact report

Vivid Seats Loan in Deeper Distress After Ticket Reseller Reports Weak Earnings [Yahoo! Finance]

Vivid Seats Inc. (SEAT) 
Company Research Source: Yahoo! Finance
The company's $390 million first lien senior secured term loan due in 2029 was quoted in the 30s cents on the dollar range this week, according to people familiar with the matter. It had been trading in the mid to high 50s area since November, and was last traded at 47 cents on the dollar on Thursday, according to BVAL prices. Most Read from Bloomberg Georgia Democrat Leads in Marjorie Taylor Greene's District US to Ease Shipping Rule in Bid to Tame Spiraling Fuel Prices Putin's ‘Hidden Hand' Guides Iran's Strikes in Widening War Apple's Foldable iPhone to Feature iPad-Like Interface When Opened Trump Says US to Get New Oil Refinery With Reliance Backing The ticket reseller reported on Thursday $126.8 million in revenues for the fourth quarter, down 37% from a year prior. Marketplace gross order value —which represent the transactional amount of orders processed on the platform inclusive of fees, exclusive of taxes, and net of event cancellations — was down 42%, while t Show less Read more
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