Business

Sportradar Shares Fall After Market Debut

Sportradar Group AG , an organization backed by Michael Jordan and Mark Cuban, noticed its shares fall 3.5% following its market debut, after the corporate raised $672 million in its preliminary public providing and personal placements.

Shares within the Swiss know-how firm opened at $27, the identical value as its preliminary public providing value, giving the corporate a valuation of $7.98 billion.

https://www.wsj.com/articles/sportradar-shares-fall-after-market-debut-11631640024?mod=rss_markets_main | Sportradar Shares Fall After Market Debut

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