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SEAT - Sports Pros Play Risky Offense-Only Investing Game
Vivid Seats Inc.
All good athletes know that defense is as important as offense. Ditto on Wall Street.
Vivid Seats projects 2022 revenue will get to 2019 levels while SeatGeek says its revenue will more than double by then. Investors are cheering them on.
Live Nation fetches an enterprise value of 2.2 times sales – double the average over five years through 2019, Refinitiv data shows.