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Sportradar Group AG (SRAD): A Bear Case Theory 

We came across a bearish thesis on Sportradar Group AG on The Bear Cave’s Substack by Edwin Dorsey. In this article, we will summarize the bulls’ thesis on SRAD. Sportradar Group AG's share was trading at $22 as of November 28th. SRAD’s trailing and forward P/E were 65.39 and 40.16 respectively according to Yahoo Finance.

Sportradar Group (NASDAQ: SRAD) positions itself as a global leader in sports technology, serving as a critical intermediary between sports leagues that seek to monetize official data and online sportsbooks that rely on real-time information and pricing...