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XNAS:SEAT
Vivid Seats shares are trading lower after RBC and Canaccord Genuity downgraded their ratings and reduced their price targets significantly. RBC adjusted its target price from $40 to $22 to reflect a 1-for-20 reverse stock split, while Canaccord Genuity lowered its target from $80 to $23, citing soft Q2 results and competitive pressures.
Vivid Seats shares are trading lower after the company reported challenges in consumer spending and competitive marketing pressures in its second-quarter 2025 results.