Remember when the COVID-19 pandemic surfaced? Nearly everything requiring human interaction was essentially shut down. Offices, factories, schools, and the travel industry were locked down.
And many sporting events were either shuttered or scaled down. The result meant a significant drop in sports betting, but now with the reopening of the economy, everything is coming back, including the NCAA March Madness tournament.
Given that many people love to bet, it’s time for investors to look at beaten-down stocks that are related to sports betting. For instance, Genius Sports Ltd (NYSE:GENI) is a compelling play on the digitalization of sports data.
Take a closer look at GENI stock here.
The post Genius Sports Stock’s 125% Rise Could Be Just the Start for This Battered Tech Play originally appeared at Profit Confidential.