Why Venu Shares Are Plunging Today
Source: Motley Fool
2026-01-28 13:09:08 ET
Based on nothing more than its preliminary fourth-quarter results released yesterday afternoon, shares of live-entertainment outfit Venu (NYSEMKT: VENU) should be holding their ground. Its estimated Q4 revenue is up from year-ago levels, reflecting growing ticket sales at a handful of its live-concert locales. CEO JW Roth even went as far as to say within the announcement, "I believe the Company will become operationally profitable by the end of 2026."
Yet, as of 12:15 p.m. ET today, Venu stock is down 33%. What gives?
The other news also released after Tuesday's close is the likely culprit.
Venu Holding Corporation
NASDAQ: VENU
VENU Trading
2.16% G/L:
$3.78 Last:
108,491 Volume:
$3.69 Open:
VENU Latest News
May 13, 2026 08:12:00 am
VENU Launches the 'FireSuite Income Offering', Bringing Fractional FireSuite Ownership and an 11% Preferred Annual Return to Qualified Investors Nationwide
May 12, 2026 08:04:00 am
VENU Announces Expansion Plans of Its Premium Live Entertainment Portfolio into Tennessee with Landmark $300 Million Amphitheater at the Bend in Chattanooga
VENU Stock Data
$246,373,367
6,248,378
21.82%
14
N/A
Restaurants & Bars
Consumer Discretionary
US
Colorado Springs
