Tariff Shock Wipes $318 Billion From Sports Stocks in a Week [Yahoo! Finance]
Vivid Seats Inc. (SEAT)
Company Research
Source: Yahoo! Finance
That's nearly 10% of the value of the sector. Sports stocks were worth $3.36 trillion last Wednesday. They're worth $3.04 trillion today. That bloodletting is after accounting for the market's bounce late Monday and into Tuesday. U.S. stocks fell more than 15%, peak to trough, from April 2 to the lows at the start of trading this Monday. They recovered slightly to be down about 11.5% through Tuesday, according to the Dow Jones Total Stock Market Index, which tracks every U.S. listed stock with a readily available price. More from Sportico.com Why Should Sports Fans Care About Tariffs? This Stock's Slide Is an Omen for Sports Teams Nike, Under Armour Headline Sports Stocks Crushed by Trump Tariffs The drop in sports stocks isn't a surprise; they largely sit in the consumer discretionary bucket of stocks, which is seen as vulnerable to tariffs . “Industries like retail, luxury goods, entertainment and travel are typically negatively impacted in market downturns, as discretion
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- Vivid Seats (NASDAQ:SEAT) had its price target lowered by analysts at Citigroup Inc. from $10.00 to $8.50. They now have a "neutral" rating on the stock.MarketBeat
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SEAT
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- SEAT's page on the SEC website