The rising inflation environment is leading consumers to reevaluate where their dollar is spent. Specifically, subscription based streaming services that thrived during the pandemic lockdown are beginning to see their subscription numbers drop.
Click here to read the full article.
Get in touch with Our Team today to learn how KAR managers respond to new market forces.
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date listed on the correspondence, and KAR does not undertake to update the information presented. This information is based on KAR’s opinions at the time of publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.
Past performance is no guarantee of future results.