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Posted 10/2/2023, 3:10:31 PM

Sphere Stock Soars After Successful Vegas Venue Launch

Sphere Entertainment stock rose over 15% after opening new Las Vegas venue
The Sphere venue opened with two sold-out U2 concerts over the weekend
The dome-shaped arena has wall-to-wall video screens and aims to reinvent live entertainment
This is Sphere's first venue opening, with plans to build another location in London
Sphere now has a market cap of around $1.4 billion after the successful Vegas launch

cnbc.com

Relevant topic timeline:

9/28/2023

UNLV Professor: Sphere's Daring Design Fits flashy Vegas, But Content Must Stay Fresh to Keep Eyes on Bold LED Screen

The world's largest sphere-shaped building, located in Las Vegas, is seen as a perfect fit for the city's entertainment-focused architecture, but the success of the Sphere will depend on constantly refreshing the content displayed on its LED screens to maintain public interest.

10/3/2023

The Sphere's Reported $650,000 Per Week Ad Prices on Massive LED Screen Shock Some on Social Media

The Las Vegas Sphere, a new 18,600-seat auditorium with advanced LED entertainment, is reportedly charging $450,000 for just one day of advertising, with prices increasing to $650,000 for a week, attracting both criticism and interest.

10/20/2023

Microsoft Takes Over Las Vegas Sphere for Stunning Xbox Light Show

Microsoft took over Las Vegas' Sphere arena to create an Xbox-themed light show, showcasing its games and consoles on the massive LED display.

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