Jun. 15 at 1:30 PM
Madison Square Garden Sports
shares ticked higher after the New York Knick’s secured their first NBA Championship since 1973 by defeating the San Antonio Spurs in Game 5 of the NBA Finals.
MSGS is up significantly with a year-to-date (YTD) return of roughly 49%. Recently, the stock reached an all-time high after the Knick’s playoff run, climbing roughly
$390.12 gaining over 150% over the past 12 months. The stock is currently trading at
$384.68.
Last month, Madison Square Garden Sports Corp. reported its fiscal third quarter results, posting revenue of
$432.2 million, beating the FactSet consensus of
$429.7 million.
$MSGE