Professional
Added to YB: 2024-10-17
Pitch date: 2024-09-30
SEAT [bullish]
Vivid Seats Inc.
-95.97%
current return
Author Info
No bio for this author
Company Info
Vivid Seats Inc. operates as an online ticket marketplace in the United States, Canada, and Japan. It operates in two segments, Marketplace and Resale.
Market Cap
$31.9M
Pitch Price
$74.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-101.26
P/E
-0.06
EV/Sales
0.57
Sector
Entertainment
Category
N/A
ClearBridge Small Cap Strategy Portfolio Holding: Vivid Seats Inc.
SEAT: Online ticket marketplace facing pressure from reduced 2024 guidance due to competitor pricing. Management prioritizes profits over volume. Q2 earnings beat expectations. Strong balance sheet positions company to outlast peers' short-term strategies. Conviction in long-term outlook despite near-term challenges.
Read full article (1 min)