Genius Sports stock surged 12% Tuesday on the New York Stock Exchange as a strong 2025 outlook from management overcame missing profit estimates by a wide margin for the year just completed.
Genius shares gained $0.99 in trading to close at $9.31. They gained as much as 15% during trading before closing action trimmed the increase. Still, the move put Genius among the top three best-performing U.S. stocks Tuesday in a broad market that suffered another day of steep declines from consumer spending and tariff pressures.
“I’m expecting growth throughout the year, really, and … it’ll be particularly strong in the first half of the year I think coming from betting,” chief financial officer Nicholas Taylor said during the question-and-answer period with Wall Street analysts on its earnings call Tuesday.
