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AGAE has been in the news 750% more than usual

Aug 19, 2024, 8:32 PM
1.45%
What does AGAE do
Allied Gaming & Entertainment, Inc., headquartered in New York City, specializes in creating esports venues and live events, including various tournaments and original programming, with operations through subsidiaries like AEII, ESALV, and AEGmbH. The company, which went public in 2017, manages properties like the HyperX Esports Arena in Las Vegas and mobile esports trucks, fostering a vibrant gaming community.
AGAE has been in the news recently: Allied Gaming & Entertainment, Inc. will launch the World Mahjong Tour in Spring 2025 at the HyperX Arena in Las Vegas. For Q2 2024, the company reported revenues of $2.6 million, a 19% decrease from the previous year, alongside a net loss of $3.9 million.
📡️ Consumer Discretionary
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