Carillon Eagle Small Cap Growth Fund disclosed that Genius Sports Limited sold off dramatically after the market reacted negatively to its announced plan to acquire a provider of ticketing, sponsorship, and merchandising services for sports and entertainment venues. The fund stated that the underlying data and media business continues to perform well and it does not share the market's overly pessimistic view of the deal. Genius Sports shares lost 45.37% over the past 52 weeks and closed at $5.66 on June 24, 2026, with a market capitalization of $1.51 billion. The fund looks forward to the close of the acquisition in the second quarter and believes strong fundamentals could drive the stock from here.
Genius Sports LtdMarket reacted negatively to announced acquisition plan, causing stock to sell off dramatically.