Genius Sports Stock Plummets, Shareholders Unimpressed with Legend Deal

Genius Sports just set out to acquire Legend, a global, digital sports and gaming media network built to monetize attention, in a groundbreaking $1.2 billion deal. While the company was thrilled about this move, investors did not reflect the same enthusiasm. Investors Don’t Believe the Acquisition Was a Genius Move Genius Sports just announced that [……
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