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Entertainment Stocks To Add to Your Watchlist - October 8th

Verizon Communications logo with Computer and Technology background

Key Points

  • Seven entertainment stocks to watch include Verizon Communications, Flutter Entertainment, DraftKings, Roblox, Walt Disney, Live Nation Entertainment, and SEA, which recently had the highest trading volumes in the sector.
  • Entertainment stocks are influenced by consumer spending, changing tastes, and technological trends, making them particularly volatile investments.
  • Flutter Entertainment and DraftKings focus on sports betting and gaming, while Walt Disney and Roblox emphasize content production and platform development, showcasing the diverse nature of the entertainment industry.
  • MarketBeat previews the top five stocks to own by November 1st.

Verizon Communications, Flutter Entertainment, DraftKings, Roblox, Walt Disney, Live Nation Entertainment, and SEA are the seven Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies that produce, distribute or promote media and leisure content—such as films, television series, music, video games and live events. Investors buy these stocks to gain exposure to consumer spending on entertainment and anticipated revenue from popular franchises, box-office hits or streaming services. These equities can be volatile, as their performance often hinges on shifting consumer tastes, technological trends and broader economic conditions. These companies had the highest dollar trading volume of any Entertainment stocks within the last several days.

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Read Our Latest Research Report on VZ

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Read Our Latest Research Report on FLUT

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

Read Our Latest Research Report on DKNG

Roblox (RBLX)

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.

Read Our Latest Research Report on RBLX

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

Read Our Latest Research Report on DIS

Live Nation Entertainment (LYV)

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.

Read Our Latest Research Report on LYV

SEA (SE)

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.

Read Our Latest Research Report on SE

See Also

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