Why Madison Square Shares Are Rising Despite Playing Fewer Knicks And Rangers Games In Q2 Why Is Madison Square Garden Sports (MSGS) Stock Up Today?

Why Madison Square Shares Are Rising Despite Playing Fewer Knicks And Rangers Games In Q2 Why Is Madison Square Garden Sports (MSGS) Stock Up Today?

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The company reported a second-quarter fiscal 2024 revenue of $326.89 million, exceeding the Wall Street estimate of $325.72 million. Revenue, however, fell 8% year over year. In the fiscal 2024 second quarter, the Knicks and Rangers played a combined nine fewer regular season home games. Higher…

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