Why Madison Square Garden Entertainment Stock Jumped on Thursday
Madison Square Garden Entertainment (NYSE: MSGE) stock was well outpacing the market on Thursday. As of 12:45 p.m. ET, its shares were up by 14% compared to a 0.2% increase in the S 500. That rally put the stock, which just began trading on public markets, up 13% in the past month.
That boost came as investors reacted to the live entertainment specialist's fiscal third-quarter results and its updated outlook for the fiscal year.
The old Madison Square Garden Entertainment spun off its live entertainment business in a transaction that was completed on April 20. The new company kept the name, while the parent was renamed Sphere Entertainment.
Source Fool.com
Square Inc. Stock
€59.66
0.610%
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Square Inc..
As a result the target price of 87 € shows a positive potential of 45.83% compared to the current price of 59.66 € for Square Inc..
