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.
Source Fool.com