NG

NIP Group

NIPG
NASDAQCommunication Services
$0.44
USD
-0.04(-8.41%)
At close: Jun 12, 20:00 UTC

Open

$0.46

Prev. Close

$0.46

High

$0.46

Low

$0.45

Market Snapshot

Market Cap

$25.68M

EPS

-12.32

Revenue

$334.67M

Employees

339

Why NIPG moved

NIP Group Inc. experienced a significant rise in short interest, indicating increased bearish sentiment among investors despite the recent decline in its stock value.

About

NIP Group, Inc. is a digital entertainment company, which engages in the growing global audience of gaming and esports fans. The company is headquartered in Stockholm, Stockholm and currently employs 339 full-time employees. The company went IPO on 2024-07-26. In Sweden, its operates under brand name Ninjas in which is engaged in esports teams operations, and in China, namely Wuhan Xingjingweiwu Culture & Sports Development Co., Ltd., which is engaged in esports teams, talent management and event production operations. NIP Group Inc offers sport T-shorts, jackets, shorts, hoodies, hats, socks among other. The firm operates across talent management, event production, hospitality and game publishing, NIP Group Inc. develops transformative experiences that entertain, inspire and connect fans around the world to expand its global reach and engage digital gamers where they are. The firm has operations in Sweden, China, Abu Dhabi and Brazil, and its esports teams compete in gaming titles at events around the world.

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