Despite some fans' excitement over the deal, shareholders have not been as thrilled, with the stock down almost 25% since hitting a high of $25 in late June. The shares slid almost 10% after the completion of Ratcliffe's purchase.
Despite poor revenue forecasts, Manchester United's high P/S could risk shareholders' investments and potential investors may pay an excessive premium. The high P/S ratio may not be justified considering predicted future revenues.
RECAP S&P 500 Approaches All-Time High US stocks rose, with the$S&P 500 Index(.SPX.US)$approaching its all-time, high as optimism over potential interest rate cuts next year continued to fuel positive sentiment on the last trading week of the year. The S&P 500 closed 0.42% higher at 4,774.75 on the first day of the holiday-shortened trading week. The$Nasdaq Composite Index(.IXIC.US)$gained 0.5% to 15,074.57, while the$NYダウ(.DJI.US)$added 0.4...
FirstStrike Veteran :
awesome article. I would suggest adding the IWM into the mix as it's going to out pace the S and P 500 next year. Just my opinion obviously.
Substantial shifts might occur to Manchester United's stock due to changes in ownership structure and investment plans. However, obstacles such as fan dissatisfaction and poor on-field performance could impact the club's market position and stock performance. Ratcliffe remains hopeful but acknowledges the journey to soccer prominence will need time, patience, stringent management.
Morning Movers Gapping up $インテル(INTC.US)$The semiconductor stock climbed 2.2% on news that Israel's government agreed to grant Intel $3.2 billion for a new $25 billion chip plant the company plans to build in southern Israel. That makes the investment the largest ever by a company in Israel, Reuters reported. $マンチェスター・ユナイテッド(MANU.US)$Shares of the soccer club rose 4.3% after British billionaire Jim Ratcliffe finalized a ...
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Man Utd Wins FA Cup
Useless Stock 😡
コラムWhat to Expect in the Week Ahead (ORCL and ADBE Earnings; Inflation and Retail Sales Data)
Monday will see $オラクル(ORCL.US)$ set the tone for the week, followed by a suite of announcements from $マンチェスター・ユナイテッド(MANU.US)$, $オン・ホールディング(ONON.US)$, and $ファンウェア(PHUN.US)$ on Tuesday. Wednesday's lineup features $ダラー・ツリー(DLTR.US)$, $ジム・インテグレーテッド・シッピング・サービシズ(ZIM.US)$, and ...
deal done.! shares priced at US$33 per share.
コラムWall Street Today | S&P 500 Inches Closer to Record High
S&P 500 Approaches All-Time High
US stocks rose, with the $S&P 500 Index(.SPX.US)$ approaching its all-time, high as optimism over potential interest rate cuts next year continued to fuel positive sentiment on the last trading week of the year.
The S&P 500 closed 0.42% higher at 4,774.75 on the first day of the holiday-shortened trading week. The $Nasdaq Composite Index(.IXIC.US)$ gained 0.5% to 15,074.57, while the $NYダウ(.DJI.US)$ added 0.4...
コラムToday's Morning Movers and Top Ratings: INTC, UPS, NIO, SNPS and More
Gapping up
$インテル(INTC.US)$ The semiconductor stock climbed 2.2% on news that Israel's government agreed to grant Intel $3.2 billion for a new $25 billion chip plant the company plans to build in southern Israel. That makes the investment the largest ever by a company in Israel, Reuters reported.
$マンチェスター・ユナイテッド(MANU.US)$ Shares of the soccer club rose 4.3% after British billionaire Jim Ratcliffe finalized a ...
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