Analyst: Malaysian stock market may rebound after volatility in the third quarter

Monnalisa’s delisting from trading on Euronext Growth Milan took effect today. The company is preparing a shareholder buyback process led by Modamet and Jafin Due for investors seeking to sell. Further details are due in coming days on the purchase window and a single settlement date for the transactions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Monnalisa S.p.A. published the original content used to generate this news brief on October 06, 2026, and is solely responsible for the information contained therein.

On October 6th, Sphere Entertainment (SPHR.N) shares fell over 6% to $104.04. BTIG lowered its price target from $190 to $160, which still represents a 44% upside from the latest closing price. The broker reduced its third-quarter revenue forecast for the Sphere Experience business from $123 millions to $110 millions, and its fourth-quarter forecast from $164 millions to $148 millions, both below Wall Street estimates of $123 millions and $164 millions. Based on its analysis of ticket sales, a slowdown in “The Wizard of Oz” bookings at the end of Q3, and booking trends in early October, it expects reduced ticket sales and lower revenue per performance. Among 13 brokers, 11 rate the stock as “buy” or higher, and 2 rate it as “hold,” with a median target price of $178.50, according to data compiled by LSEG. Including daily price fluctuations, the stock is up 10.50% year-to-date.