Sphere Entertainment stock rose 19.3% to $58.33 this week, marking its fourth consecutive weekly gain and the largest improvement in that month-long run. Sphere shares have risen an astounding 46.3% in the last four weeks. The stock reached an all-time high of $58.71 on Friday (Sept. 12).

Sphere’s latest offering, a revamped The Wizard of Oz, has won over both audiences and Wall Street analysts. As Billboard noted on Wednesday (Sept. 10), numerous analysts have raised forecasts in the wake of a stellar debut and strong ticket sales. The $2.3 billion venue requires a high level of utilization to be profitable, meaning Sphere must squeeze in film showings when it’s not hosting sold-out concerts by the likes of Backstreet Boys and The Eagles. Early results suggest the revamped The Wizard of

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