Esports Entertainment Group (NASDAQ:GMBL) Shares Up 10% – Here’s What Happened

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report)’s share price shot up 10% on Monday . The stock traded as high as $0.35 and last traded at $0.32. 6,585 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 84,692 shares. The stock had previously closed at $0.29.

Esports Entertainment Group Stock Performance

The stock has a 50-day moving average of $0.34 and a two-hundred day moving average of $0.42.

About Esports Entertainment Group

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Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.

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