The stock surged as much as 17% to $43.6, the largest intraday leap since 2020. Sphere’s shares have more than doubled in 2023.
The experience was “premium, totally immersive, blurring the lines between digital and physical planes in ways unknown to us to exist otherwise,” he said. Macquarie has a neutral rating on Sphere Entertainment and a 12-month price target of $32.
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