Genius Sports Limited (GENI) Surges 5.8%: Is This an Indication of Further Gains?
Genius Sports (GENI) ZACKS·2024-07-12 23:42
Genius Sports Limited (GENI) shares ended the last trading session 5.8% higher at $5.67. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.6% gain over the past four weeks.GENI is benefiting from strong media business growth, driven by major U.S. sports events and increased demand for digital advertising services.This company is expected to post quarterly loss of $0.04 per share in its upcoming report, which repres ...