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Why Sportradar Stock Rocketed Higher This Week

Shares of sports data and technology provider Sportradar (NASDAQ: SRAD) were up 10% this week as of 2:15 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.Sportradar reported fourth-quarter earnings on Wednesday, wherein revenue and cash from operations grew by 26% and 36% in 2024. However, management also announced a unique acquisition that seemed to steal the show, and the market reacted optimistically.Continue reading

Mar 20, 2025 - 19:46
 0
Why Sportradar Stock Rocketed Higher This Week

Shares of sports data and technology provider Sportradar (NASDAQ: SRAD) were up 10% this week as of 2:15 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.

Sportradar reported fourth-quarter earnings on Wednesday, wherein revenue and cash from operations grew by 26% and 36% in 2024.

However, management also announced a unique acquisition that seemed to steal the show, and the market reacted optimistically.

Continue reading

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