Sphere Entertainment stock soars 12% after opening concert by U2

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Sphere Entertainment stock soars 12% after opening concert by U2
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Shares of Sphere Entertainment were trading at around $42.50 a share as of 1 p.m. Eastern time on Monday — up from Friday’s closing price of $37.32.

James Dolan makes stunning revelation about owning Knicks, Rangersto combine Sphere and Madison Square Garden Networks, soared 15% at Monday’s opening bell before closing the day at a robust 12%.The Post has sought comment from Sphere Entertainment.

The Sphere boasts a 160,000 square-foot domed-wraparound interior and exterior LED display and has roughly 1,600 loudspeakers to create a one-of-a-kind immersive experience.James Dolan’s Sphere in Las Vegas opened its doors on Friday with a concert by Irish rock band U2.The Irish rockers also stand to pocket more than 90% of the earnings from ticket sales, sources told The Post.

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