Nvidia among investors in xAI’s $20bn capital raise - Bloomberg News
Rush Street Interactive (NASDAQ:RSI) Chief Operating Officer Mattias Stetz sold 30,000 shares of Class A Common Stock on September 2, 2025, for a total of $643401. The shares were sold at a weighted average price of $21.4467, in multiple transactions ranging from $21.142 to $21.847 per share. The sale comes as RSI trades near its 52-week high of $22.55, following an impressive 136% return over the past year. According to InvestingPro, the company maintains a "GREAT" financial health score.
Following the transaction, Stetz directly owns 261,051 shares of Rush Street Interactive. Additionally, Stetz indirectly owns 205,448 shares through a spouse. The sale was executed under a pre-arranged 10b5-1 trading plan established on August 16, 2024. With a market capitalization of $4.89 billion and trading at a P/E ratio of 75.6, InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. Discover 16 additional key insights about RSI through InvestingPro’s comprehensive research report.
In other recent news, Rush Street Interactive Inc. reported its Q2 2025 earnings, significantly surpassing market expectations. The company achieved earnings per share of $0.11, exceeding the forecasted $0.06 by 83.33%. Revenue reached $269 million, which was higher than the anticipated $249.65 million, marking a 7.83% surprise. Following these results, Needham raised its price target for Rush Street Interactive to $21 from $17, maintaining a Buy rating on the stock. Additionally, the company has increased its full-year 2025 guidance. In other developments, Rogers Sugar Inc. announced a quarterly dividend of $0.09 per share, payable on October 15, 2025, to shareholders of record as of September 26, 2025. The dividend is classified as an eligible dividend for income tax purposes under Canadian regulations. These updates reflect the recent strategic and financial actions taken by both companies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.