The Las Vegas Sphere hosted its first concert featuring the band U2. Sphere Entertainment Co. (SPHR), a spinoff of parent company Madison Square Garden Entertainment Co. (MSGE), aspires to establish the music venue and its entertainment technology as a franchise. With a valuation of $2.3 billion, the Sphere aims to provide consumers with an immersive experience, aiming to redefine the landscape of concert venues. Yahoo Finance’s Josh Schafer, Allie Canal, and Madison Mills discuss the Sphere’s unique event experience. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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