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Motorsports Games stock rockets more 600% on massive volume after satisfying Nasdaq listing requirements, again

Clyde Edgerton by Clyde Edgerton
January 31, 2023
in Markets
Motorsports Games stock rockets more 600% on massive volume after satisfying Nasdaq listing requirements, again
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Shares of Motorsport Games Inc. MSGM blasted 662.7% higher toward a 10-month high on heavy volume in afternoon trading, after the Florida-based racing game developer and esports ecosystem provider said it regained full compliance with Nasdaq listing requirement. Trading volume rocketed to 45.6 million shares, compared with the full-day average over the past 30 days of about 152,600 shares. The company said before the opening bell that it satisfied the Nasdaq listing requirement that the majority of a company’s board of directors be comprised of independent directors, after it added Nav Sunner, Andrew Jacobson and John…



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