Why Manchester United Stock Fumbled Today
Manchester United: Back in the UEFA Champions League, but still losing money.
Overview
Shares of the publicly traded football (i.e., soccer) club Manchester United (NYSE: MANU) slipped 3% in the first 15 minutes of trading Wednesday, after reporting its earnings for full-year fiscal 2026.
Image source: Getty Images.
Manchester United set a new record for annual revenue -- £677.6 million, or $899 million, up 1.7% from last year. Operating earnings flipped from a loss last year to a profit of £22.6 million -- $30 million -- this time around.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.