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home / news releases / SRAD - Sportradar: 4 Reasons Shares Could Be A Good Bet In 2024

SRAD - Sportradar: 4 Reasons Shares Could Be A Good Bet In 2024

Sportradar Group AG

2024-04-24 08:23:21 ET

Summary

  • Sportradar's Q4 results were highlighted by strong margins and earnings momentum.
  • The company announced a large share repurchasing authorization, which should be supportive of the stock price.
  • We are bullish on shares of Sportradar which appear undervalued following a recent round of volatility.

Sportradar Group AG ( SRAD ) capped off 2023 with record earnings, confirming the company's position as the global leader in sports analytics. On the other hand, that momentum hasn't quite translated to a strong stock price performance, with shares currently down 30% from their 52-week highs....

For further details see:

Sportradar: 4 Reasons Shares Could Be A Good Bet In 2024
Stock Information
Company Name: Sportradar Group AG
Stock Symbol: SRAD
Market: NASDAQ
Website: sportradar.com
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