Vivid Seats Completed Its SPAC Merger. It Could Be A Reopening Play.
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Secondary ticket marketplace Vivid Seats began trading this week following its merger with a special-purpose acquisition company. So far so good.
Vivid Seats shares (ticker: SEAT) were up about 6.5% in their post-merger debut on Tuesday, and closed up1.2% on Wednesday, to $13.25. Benchmark analyst Daniel Kurnos thinks, “the fun is just beginning.”
“After...