Sportradar: Busted IPO Looks Attractive Here
SRAD collects and analyses sports data. The stock has suffered from sector weakness, but the long-term case appears intact
Sports data provider SRAD has been punished along with sports betting peers, falling nearly two-thirds since its IPO last year.
But the business is performing well, and known risks seem overblown.
Shares aren’t cheap, but given growth prospects SRAD seems worth paying up for.