Endeavor IPO: UFC and William Morris talent agency owner goes public today on NYSE

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Endeavor will begin trading today on the New York Stock Exchange under the ticker symbol “EDR.” The IPO stock price is set at $24 per share. Many of the most anticipated public offerings this year have been tech companies listing via SPACs . But the latest hot public offering, debuting today, is neither a tech firm nor using an SPAC. It’s one of Hollywood’s most powerful entertainment firms, Endeavor Group Holdings , and it’s going public via a traditional initial public offering (IPO). Read Full Story

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DANG! Disney stock seen in the same ballpark as tech giants Amazon, Netflix, and Google in analyst report

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“We believe Disney’s premium valuation is warranted, even compared to a group of dominant Internet companies,” says a new report from MoffettNathanson. Shares of the Walt Disney Company were trading at record highs on Friday after the entertainment giant unveiled a tidal wave of new movies and TV series and shared additional details about its broader strategic shift to streaming. Read Full Story

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