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BUZZ-Vivid Seats up after report of potential sale

ReutersDec 30, 2024 4:23 PM

Shares of online ticket marketplace Vivid Seats SEAT.O up as much as 19.5% to $4.53

Company explores a sale after receiving takeover interest, according to sources - Bloomberg reports

Report, citing sources, says that the deliberations are ongoing and there is no certainty these will result in a transaction

Report adds that the company is working with an adviser to gauge interest from potential suitors, according to the sources

Including session moves, the stock has fallen ~33% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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