Pinnacle Sports Portfolio - April 2026
April 29, 2026
Global markets traded unevenly during the period as escalating geopolitical tensions with Iran evolved into open conflict, prompting several broad market indices to decline more than 10% from recent highs. While certain companies within the Sports Portfolio with direct exposure to the Middle East experienced near-term disruption, our U.S.-based sports franchise holdings were largely insulated from these developments, as expected.
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Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
