Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / EDR - UFC parent firm Endeavor Group's stock pops nearly 20% following IPO

EDR - UFC parent firm Endeavor Group's stock pops nearly 20% following IPO

Education Realty Trust Inc.
UFC parent Endeavor Group (EDR) popped nearly 20% shortly after opening following an IPO that priced at the top of its expected range.EDR traded as high as $28.47 shortly after opening around 11:30 a.m. ET, up 18.6% from its $24-a-share IPO price.Endeavor is a high-profile entertainment firm run by Hollywood mogul Ari Emanuel.In addition to owning a major stake in the UFC mixed-martial arts league, it also runs the Miss Universe competition, the IMG talent agency and other top entertainment properties.CEO Emanuel is a Hollywood power broker who’s thought to be the inspiration for Jeremy Piven's character Ari Gold in the HBO series "Entourage." He’s also the brother of former Chicago Mayor Rahm Emanuel and is reportedly close friends with former President Donald Trump.However, Emanuel isn’t the only high-profile person involved with EDR. CEO Elon Musk of Tesla (TSLA) has agreed to join the company’s board.This is a developing story.

For further details see:

UFC parent firm Endeavor Group's stock pops nearly 20% following IPO
Stock Information
Company Name: Education Realty Trust Inc.
Stock Symbol: EDR
Market: NYSE
Website: endeavorco.com
Menu
EDR EDR Quote EDR Short EDR News EDR Articles EDR Message Board
Get EDR Alerts

News, Short Squeeze, Breakout and More Instantly...