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Stock impact report

Sphere Entertainment's Gains Are Likely Just Getting Started [Seeking Alpha]

Sphere Entertainment Co. Class A (SPHR) 
Company Research Source: Seeking Alpha
SPHR's financials have improved, with Sphere segment revenue up 16% and a significant turnaround in operating income, despite MSG Networks' revenue decline. The Wizard of Oz immersive show and rapid stock buybacks highlight management confidence and the venue's strong ROI potential. While valuation has expanded, SPHR's innovation and momentum justify a premium. Also, long-term technicals remain bullish, despite near-term uncertainty. Madeleine Deaton/iStock Editorial via Getty Images Only a few years after opening, Sphere Entertainment Co.'s ( NYSE: SPHR ) Las Vegas Sphere has become one of the most iconic landmarks on the Strip. While I personally have not been to the innovative 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 to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving co Show less Read more
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