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Sportradar stock jumps 9.5% on new global partnership with Kalshi prediction market.

Market News
08 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Sportradar shares rose sharply after announcing a multi-year global partnership with Kalshi, the world's largest prediction market. This deal expands Sportradar's role as a key data provider across major sports leagues like MLB and NHL, enhancing trade settlements and customer experience. Additionally, Sportradar extended its exclusive betting rights for Wimbledon beyond 2026, strengthening its tennis portfolio. Despite short-term bullish momentum, the stock faces longer-term challenges with a mixed analyst outlook and a premium valuation. Sportradar will report earnings on August 4, with revenue expected to rise but earnings per share forecasted to decline.

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