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Live News EQUITY ARTICLE M impact

SPHR Stock Downgraded As 'Wizard Of Oz' Interest Cools

Sphere Entertainment Co. (SPHR) shares fell nearly 14% on Monday, marking their worst day in over a year, following a Wall Street analyst downgrade. The analyst cited cooling demand for a key experiential production at the venue.

SPHR

Shares of Sphere Entertainment Co. (SPHR) tumbled nearly 14% on Monday, marking their worst day in over a year, after a Wall Street analyst downgraded the stock and said demand for one of the venue’s major flagship experiential productions is cooling faster than expected. Sphere Entertainment stock closed a…