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Why Genius Sports Is Crashing Today


Shares of Genius Sports (NYSE: GENI) were plummeting 23.1% at 11:16 a.m. ET after the sports-focused data management and "integrity services" provider reported generally upbeat results.

Revenue soared 70% from the year-ago period, well ahead of Wall Street's consensus estimate of $62.8 million, noting over 97% of the market accessing National Football League data was doing so exclusively through Genius Sports.

Image source: Getty Images.

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Source Fool.com

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