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Day: November 5, 2020

THMO
Stock Investing

Hall of Fame Resort & Entertainment Co (HOFV) Escalates Above 125% on a Partnership Agreement with WaV and Sports Illustrated Studios

HOFV stock flights with a heavy volume fighting for the top place. Shares of Hall of Fame Resort & Entertainment Company (HOFV) are skyrocketing today and it is for a good reason. The resort, entertainment, and media company announced that it has signed a media partnership agreement with WaV and Sports Illustrated Studios. Following the partnership update, HOFV stock made a strong move in the premarket and surged as high as161.05% to $4.96. HOFV kicked off the day at $3.04 compared to the previous close of $1.90. The stock continued to rally in the open market and as we write

Market Activity

Market’s Sharp Upbeat Following GAFAM Gains

On Wednesday, the US market went through an exciting session as all asset classes rose very strongly. Oil, although showing accelerating growth in Europe, still remained up 3.5 percent to $39. The Dow Jones, however, halved its gains to 1.35 percent, but the S&P-500 rose 2.20 percent, the Nasdaq Composite fell by -3.85 percent to 11,600 points and the Nasdaq-100 was a flat wih rise of 4.4 percent. All that came after ‘GAFAM’ with gains of 5% for Microsoft to 6% for Alphabet and 6.3% for Amazon and then 8.3% for Facebook, though Apple remained weakest with an increase of’just’