Genius Sports shares gain 7.55% as gaming stocks post mixed weekly results
Gaming stocks had mixed results in the week covered by the report, with the Roundhill Sports Betting & iGaming ETF outperforming the S&P 500 for a third consecutive week. Genius Sports gained 7.55%; the company forecast 2028 revenue of $1.2bn and adjusted EBITDA of $365m at its 3 December investor day.
Genius Sports’ 2028 outlook gives investors figures to assess the company’s projected revenue and profitability.