Hello all, first time posting. Still finding my footing. Each day I look at penny stock postings and today the MMA stock caught my eye. Large movement after today's news. I was surprised the stock was as cheap as it is considering how big an industry MMA is.
What I want to understand is, how can we blend the Financials and cultural impact when deciding the potential growth of a stock. The US seems to enjoy it's sports, but for the stock to be this cheap, is it not a red flag? If this post is not allowed please take it down. Id appreciate your feedback.
Please pardon typo on "Thoughts"