Sphere Beats Earnings Forecast, Stock Reaches All-Time High

Sphere Entertainment’s first-quarter revenue and earnings smashed Wall Street expectations on Tuesday, powering the stock to a 0.9% increase to nearly $138 per share by the early afternoon. Earlier in the day, it reached an all-time high price north of $147 before receding. The company posted three-month revenues of $386.4 million, a mark 38% higher […]