Down 63% from its initial public offering in 2021, Sportradar (NASDAQ: SRAD) is a shining example of why investors should usually wait to see a few quarters of earnings data from a newly public company before buying.

By providing sports data, content, and technology to betting operators, sports leagues, and media companies, Sportradar plays a mission-critical role in the quickly growing sports betting industry.

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Source Fool.com