Why Manchester United Stock Is a Loser Today
Manchester United(MANU) The Motley Fool·2024-09-11 23:41
When it comes to earning profits, this sports stock just can't find a way to win.British soccer (er, football) club stock Manchester United (MANU -5.12%) sold off by 7.9% through 10:45 a.m. ET Wednesday after reporting massive losses in the final quarter of its fiscal 2024 this morning.In total, revenues for Q4 fell 15% to 142.2 million GBP ($185 million), leading to staggering losses on the bottom line. Manchester United Q4 earnings -- and by earnings we mean lossesHow bad was the news? Q4 net losses surge ...