Shares of dMY Technology Group II (NYSE: DMYD) jumped by as much as 50% in trading on Monday after the company announced a new deal with the NFL. At the close of the session, shares were up by about 40%.
Genius Sports Group, the company dMY Technology Group II is planning to merge with, announced a sweeping NFL data deal late last week. The company will distribute the NFL's Next Gen Stats data feeds to global media and gambling markets, live betting streams to sportsbooks around the world, as well as play-by-play statistics.
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Why dMY Technology Group II Popped by 40% Today