MSGE Stock Recent News

Madison Square Garden Entertainment: Should Grow As Guided, And Experience Long-Term Secular Tailwinds

Madison Square Garden Entertainment Corp.'s stock MSGE, -0.58% fell 5.3% premarket Monday, after the company said selling shareholder Sphere Entertainment Group LLC has launched a secondary offering of 7.2 million shares. Sphere intends to grand underwriters BofA Securities, Goldman Sachs and JPMorgan a 30-day option to purchase up to an additional 1.07 million shares.