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Stock impact report

Sphere Entertainment Co. (SPHR) Fell Due to Concerns Over Its High Fixed Costs and Leverage [Yahoo! Finance]

Sphere Entertainment Co. Class A (SPHR) 
Company Research Source: Yahoo! Finance
A copy of the same can be downloaded here . News of declining inflation and the potential for lower interest rates in 2024 fueled optimism in the final months of the year. Equities saw a broad rally, with small caps surging over 14% and large caps adding to yearly gains, resulting in a 12% return for the quarter. In the quarter, the fund appreciated 8.96% (net), trailing its benchmark, the S&P 500 Index, which returned 11.69%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023. Meridian Hedged Equity Fund featured stocks like Sphere Entertainment Co. (NYSE: SPHR ) in the fourth quarter 2023 investor letter. Headquartered in New York, New York, Sphere Entertainment Co. (NYSE:SPHR) engages in live entertainment and media services. On April 2, 2024, Sphere Entertainment Co. (NYSE:SPHR) stock closed at $48.25 per share. One-month return of Sphere Entertainment Co. (NYSE:SPHR) was 0.27%, and its shares gained 86.72% of their value over the last 52 we Show less Read more
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