Vivid Seats up after report of potential sale

Vivid Seats

30/12/2024 16:23

** Shares of online ticket marketplace Vivid Seats  SEAT.O 
up as much as 19.5% to $4.53
    ** Company explores a sale after receiving takeover
interest, according to sources - Bloomberg reports
    ** Report, citing sources, says that the deliberations are
ongoing and there is no certainty these will result in a
transaction
    ** Report adds that the company is working with an adviser
to gauge interest from potential suitors, according to the
sources
    ** Including session moves, the stock has fallen ~33% YTD

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))