EDR Stock: The Endeavor Stock Price Gains as Larry Ellison and Michael Dell Jump Aboard

EDR Stock: The Endeavor Stock Price Gains as Larry Ellison and Michael Dell Jump Aboard
InvestorPlace
8 hrs ago
The
Endeavor Group (NYSE:
EDR) stock price gained more than 5% on its first day of trading, and investors are paying close attention. In fact, it seems that Endeavor stock also attracted some pretty high-profile backers in its IPO, including the likes of Larry Ellison and Michael Dell. So what do you need to know right now?
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UFC fighters in a cage match.
Importantly, Endeavor is a holdings company that is all about entertainment and its wealth of intellectual property. It owns UFC, the American mixed martial arts promotion company. Endeavor is also the parent company of the Professional Bull Riders, Euroleague, On Location, IMG and the Hollywood talent firm William Morris. Together, this portfolio represents a vast stake in sports, live events and talent representation.

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