EDR - UFC parent Endeavor Group's stock pops some 15% as post-IPO rally rolls on

UFC parent Endeavor Group (EDR) rose more than 15% intraday Monday as the entertainment company extended its post-IPO rally to three sessions.EDR rose to as high as $32.45, up 17.7% on the session and 35.2% from a $24 initial public offering price set last Wednesday evening.Although shares later pulled back some, they were still changing hands at $31.27 shortly before 3:30 p.m. ET, up 13.5% on the day and 30.3% from the IPO price. The stock has rallied for three straight sessions since opening Thursday at $27.Endeavor is run by Hollywood mogul Ari Emanuel, the brother of former Chicago Mayor Rahm Emanuel and the supposed inspiration for Jeremy Piven’s character Ari Gold in the HBO series “Entourage.”The company owns or operates the UFC mixed martial-arts league, the Miss Universe Pageant, the IMG talent agency and other top sports and entertainment properties.As part of its IPO, Endeavor received a roughly $1.8B

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UFC parent Endeavor Group's stock pops some 15% as post-IPO rally rolls on