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Why the PointsBet (ASX:PBH) share price jumped to a record high today – The Motley Fool Australia

Here’s why the PointsBet Holdings Ltd (ASX:PBH) share price is jumping to a record high on Monday…

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The PointsBet Holdings Ltd (ASX: PBH) share price is on form and has jumped to a record high on Monday.
At the time of writing, the sports betting company’s shares are up 2.5% to $16.40.
This means the PointsBet share price is now up 39% since the start of 2021.
Why is the PointsBet share price pushing higher?
Investors have been buying PointsBet shares following the release of a positive announcement this morning.
According to the release, the company has appointed professional basketball champion…

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