Sphere Trade Based on Taylor Swift Residency Rumor

2 months ago

Dave Unknown

"If she were to somehow pull that off and they were able to maybe change up the scheduling... you could see this stock jump 20, 30, 40 percent, I think, on news if that were to happen. And I can see the Sphere just canceling whatever their pre-booking is if Taylor Swift was willing to do a brief residency at the Sphere."

The speaker outlines a trade idea in Sphere (ticker S-P-H-R) driven by a Taylor Swift residency rumor. The thesis is that even a brief residency could boost the stock by 20-40%, creating a catalyst for a sizable short-term move.