Sportradar Group AG (SRAD) dropped 7.69% after releasing preliminary earnings, expecting lower revenues.

From Yahoo Finance: 2025-04-24 08:59:00

On Wednesday, major indices like the Nasdaq, S&P 500, and Dow Jones saw gains as worries about tariffs and the Federal Reserve eased. However, ten companies experienced losses during trading. Sportradar Group AG (SRAD) dropped 7.69% to $23.11 per share after releasing preliminary earnings, expecting revenues between €307-€311 million and net income of €20-€24 million.

Sportradar Group AG (SRAD) plans to report official results on May 12, 2025. In recent news, SRAD affiliates are selling up to 23 million shares, while the company is repurchasing up to 3 million shares. With SRAD ranking 4th on our list of worst-performing stocks, AI stocks may offer higher returns within a shorter timeframe, potentially outperforming SRAD.



Read more at Yahoo Finance: Why Sportradar Group AG (SRAD) Lagged Performance on Wednesday