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Madison Square Garden Sports (MSGS), which owns the New York Knicks and the New York Rangers. MSG Entertainment shares, at about $80, have badly lagged behind those of leading concert operator Live Nation Entertainment (LYV) in the past six months. MSG Entertainment is valued at less than $2 billion and has net cash of nearly $1 billion. The cash will largely go toward construction of a state-of-the-art concert venue in Las Vegas called the Sphere, due to be completed in 2023. The Sphere is expected to cost close to $1.7 billion and about $500 million already has been spent on ...

Stocks Extend Slide Amid Lingering Virus Concern: Markets Wrap Bloomberg 12/22/2020 Kamaron Leach and Cecile Gutscher (Bloomberg) -- U.S. stocks fell for a third day as optimism over a Covid-19 relief bill was tempered by the emergence of a new variant of the virus and a slew of lockdowns and travel curbs to contain it. The dollar advanced and Treasuries gained. Popular Searches The benchmark S&P 500 fluctuated between gains and losses before closing lower, with consumer services and energy the biggest sector decliners. The Nasdaq Composite and Russell 2000 set record highs ...

U.S. stocks extend slide amid lingering virus concern Cecile Gutscher and Kamaron Leach, Bloomberg News BNN Bloomberg's closing bell update: December 22, 2020 VIDEO SIGN OUT U.S. stocks fell for a third day as optimism over a COVID-19 relief bill was tempered by the emergence of a new variant of the virus and a slew of lockdowns and travel curbs to contain it. The dollar advanced and Treasuries gained. The benchmark S&P 500 fluctuated between gains and losses before closing lower, with consumer services and energy the biggest sector decliners. The Nasdaq Composite and Russell 2000 set...