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New York Knicks win first NBA title in 52 years, ending the 'Dolan Discount' for investors.

Market News
18 Jun 2026
Barrons
View Source
Bullish
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The New York Knicks have won their first NBA championship in 52 years, celebrated with a parade at City Hall. This victory marks a significant turnaround for the franchise and its owner, James Dolan, who has stated he will not sell the Knicks or the New York Rangers. The win also ends the so-called 'Dolan Discount,' a period when investors undervalued shares of Madison Square Garden Sports Corp due to skepticism about Dolan's management. This championship could boost investor confidence and the franchise's market value going forward.

More News

Ultragenyx grants 44,409 restricted stock units to 15 new non-executive officers as an inducement.

Ultragenyx grants 44,409 restricted stock units to 15 new non-executive officers as an inducement.

Ultragenyx Pharmaceutical Inc. awarded 44,409 restricted stock units to 15 newly hired non-executive officers under its Employment Inducement Plan. The grants, approved by the compensation committee, vest over four years with 25% vesting annually, co...

Company Fundamentals
Neutral
2 hours ago
Nyxoah schedules extraordinary shareholders meeting on July 9, 2026, to renew authorized capital and voting procedures.

Nyxoah schedules extraordinary shareholders meeting on July 9, 2026, to renew authorized capital and voting procedures.

Nyxoah has announced an extraordinary general meeting of shareholders set for July 9, 2026, at its headquarters in Belgium. The meeting will discuss renewing the authorization for the board to increase the company's capital over the next five years, ...

Company Fundamentals
Neutral
2 hours ago
Eupraxia Pharmaceuticals elects all seven board nominees and reappoints KPMG as auditor at AGM.

Eupraxia Pharmaceuticals elects all seven board nominees and reappoints KPMG as auditor at AGM.

Eupraxia Pharmaceuticals held its Annual General Meeting on June 18, 2026, where shareholders elected all seven board nominees proposed by management with strong majority votes. Additionally, KPMG LLP was reappointed as the company's auditor for the ...

Company Fundamentals
Neutral
3 hours ago
Cate & Chloe offers 77% off Bianca earrings during Amazon Prime Day 2026 sale

Cate & Chloe offers 77% off Bianca earrings during Amazon Prime Day 2026 sale

Cate & Chloe is discounting its Bianca 18k Gold-Plated Crystal Hoop Earrings to $19.98 from $86 during Amazon Prime Day 2026, running June 23-26. This 77% markdown aligns with growing consumer demand for affordable luxury jewelry, with earrings price...

Others
Neutral
3 hours ago
Conifex Timber elects all management directors and approves auditor at AGM

Conifex Timber elects all management directors and approves auditor at AGM

Conifex Timber Inc. held its annual general meeting on June 19, 2026, where all management nominees were successfully elected as directors with over 95% of votes in favor. Shareholders also approved the appointment of PricewaterhouseCoopers LLP as th...

Company Fundamentals
Neutral
4 hours ago
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