Esports Entertainment Group, Inc. (GMBL) Stock Showing Bearish Signs, Here’s Why
Esports Entertainment Group, Inc. (GMBL), an entertainment and iGaming company, has plummeted 31.31% in aftermarket trading session and consequently is trading at $2.04 at the time of the writing. During Tuesday’s mid-day session, the stock receded by 8.62% and closed the day at $2.97. The plunge of GMBL stock could be attributed to the announcement of results by the company. Q2 2022 Results On Tuesday, GMBL announced the results for Q2 2022. The quarter ended on 31st December 2021. The net revenue during the quarter stood at $14.5 million, an increase of $12.2 million on a year-over-year basis. The gross profit for
