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StockNews.com
StockNews.com
Business
Jaimini Desai

Endeavor Group Holdings is My Growth Stock of the Week

Endeavor Group Holdings (EDR) is a global sports and entertainment company. It is comprised of industry leaders, including entertainment agency WME; sports, fashion, events, and media company IMG; and premier mixed martial arts organization UFC. The company specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing, and brand licensing. 

EDR made its public debut in April of last year and is up about 10% from its opening price. However, the company has been a beneficiary of the recovery in live events as well as growth in its core assets. This is evident in its recent earnings report which showed revenues more than 50% higher compared to the same quarter last year.

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