Seaport Entertainment Group Inc. (SEG) Begins Trading on New York Stock Exchange

Seaport Entertainment Group Inc. (NYSE:SEG) is included in our list of the Bill Ackman Stock Portfolio: Top 10 Stock Picks.

Seaport Entertainment Group Inc. (SEG) Begins Trading on New York Stock Exchange

A bustling business center with a skyline of buildings behind it, representing the company’s success in the real estate sector.

Following its approval to uplist from the NYSE American, Seaport Entertainment Group Inc. (NYSE:SEG)’s shares began trading on the New York Stock Exchange on June 30, 2025. The company’s management expressed excitement as the move positions it to reach a wider investor base and drive long-term shareholder value.

This follows Seaport Entertainment Group Inc. (NYSE:SEG)’s Q1 2025 earnings call, where the company’s management laid out its future strategic roadmap. SEG expects to hit breakeven by 2026, profitability in 2027, and asset stabilization by 2028. This future growth is attributed to drivers such as the enhancement of the Tin Building experience with Jean-Georges, the activation of vacancies across the Seaport district, monetization of underperforming assets like 205 Water Street, and expansion of event utilization at the Las Vegas Ballpark.

Therefore, Seaport Entertainment Group Inc. (NYSE:SEG)’s NYSE debut signals both recognition of its past growth and confidence in its future outlook.

Seaport Entertainment Group Inc. (NYSE:SEG), a leading entertainment and hospitality company, develops and operates integrated real estate destinations. Bill Ackman has bought 5.02 million shares of Seaport Entertainment Group Inc. (NYSE:SEG) as of Q1 2025.

While we acknowledge the potential of SEG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SEG and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.