Madison Square Garden Sports shares rise following Knicks Game 1 victory

Madison Square Garden Sports saw its shares peak at $390.12 following a 105-95 victory by the Knicks over the San Antonio Spurs in Game 1. The stock continued to climb, reaching an intraday high of $391.79 on Monday ahead of Game 3. This marks a remarkable 103% increase over the past year, pushing the company's market capitalization to $9.3 billion. The recent performance highlights the positive investor sentiment surrounding the team’s playoff run and its implications for the business model of the franchise.

• 5:41 PMYahoo Sports — Madison Square Garden Sports — the James Dolan-run …