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@ Yahoo! Finance - by layer3.news
2025-03-03 11:12:49
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✍️ The Sportico Sports Stock Index fell 4% in February, driven by a decline in consumer sentiment and a slump in apparel and gear makers. The index is still up 3% for 2025, outperforming the S&P 500.
👉 Souring consumer sentiment knocked sports stocks back 4% in February
👉 The Sportico Sports Stock Index declined 62 points in February, ending at 1,415
👉 Apparel and gear makers, such as Under Armour and Topgolf Callaway Brands, were particularly hard hit
👉 Consumer discretionary stocks across the board were dragged down by the decline in consumer sentiment
👉 The index is still up 3% for 2025, outperforming the S&P 500
#RandalKonik #DavidGandler #LachlanMurdoch #sports
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