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UFC Momentum Buoys Endeavor Stock as First Quarterly Earnings Release Looms Next Week

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variety.com

Cynthia Littleton Business EditorEndeavor Group Holdings is closing out its first month as a publicly traded company with a stock that is up 24% from its IPO price of $24.

The company that is home to UFC, WME, IMG and other media and event brands has a good momentum story to tell as UFC in particular looks to benefit from what is appears to be pent-up demand for sports, concerts and other live events.For those who have wondered how Endeavor CEO Ari Emanuel would handle his first earnings call as a public company officer, the wait is nearly over.

Endeavor is set to report its second-quarter earnings on June 2.The company’s profile has grown outside of the entertainment industry now that it is publicly traded.

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