Sphere Entertainment falls on bigger-than-expected Q3 loss

Sphere Entertainment

10/05/2023 19:09

** Shares of live entertainment and media firm Sphere
Entertainment Co  SPHR.N  down 10.8% at $26.55
    ** Company reports Q3 loss of $1.64/shr vs analysts' avg.
est. of $0.14/shr loss - Refinitiv
    ** Sphere Entertainment was spun off from Madison Square
Garden Entertainment Corp on April 21, 2023
    ** SPHR stock up ~30% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))