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Sphere Entertainment Stock Jumps 11% Following U2’s Debut Concert at Vegas Venue ...Middle East
Sphere Entertainment Co. shares rose 11.1% to $41.99 on Monday (Oct. 2) — and reached a high of $43.59, up 17.3% from Friday’s closing price — after the world got its first glimpses of the revolutionary concert venue over the weekend. The $2.3 billion venue opened on Friday (Sept. 29) with the first of 25 dates of U2’s residency, which concludes Dec. 16. In its recap, Billboard called Sphere a “mind-blowing space” with “hard-to-fathom floor-to-ceiling graphics” and immersive audio that “made it feel like you were in a recording studio with U2.” Related
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