◆ NeutralSRAD
Sportradar Stock Rises On Landmark Kalshi Prediction Market Deal
Benzinga·
Sportradar (SRAD) shares surged 9.57% following a landmark multi-year global partnership with Kalshi, the world's largest prediction market. The deal allows Sportradar to deliver premium sports content and services across major leagues including MLB and NHL, while also establishing a framework for prediction market integrity. Additionally, Sportradar extended its betting rights agreement for Wimbledon beyond 2026. Despite the positive news, the stock remains 28.8% below its 200-day moving average, and analysts maintain a cautious outlook with a weak Benzinga Edge signal.
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