Home Financial Markets Penny Stocks How Was The ENGMF Stock Able To Surge 9%?

How Was The ENGMF Stock Able To Surge 9%?

Enthusiast Gaming Holdings Inc. (OTCQB: ENGMF) closed the last trading day at a price of $8.64, increasing 9.50%. In contrast to its average monthly volume of 252K, the volume for Enthusiast Gaming stock amounted to 419K on the day. ENGMF stock soared after its common stock gets a go-ahead to be listed on the NASDAQ.

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Video game and esports fans will be able to connect, engage, and enjoy on Enthusiast Gaming’s largest media platform. The ENGMF’s website reaches over 300 million gamers every month. It is part of the “Comscore 100” ranking of the world’s top Internet properties and a leading member of mobile gaming.

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Enthusiast Gaming has been granted approval by Nasdaq Global Select Market to list its common stock under the trading symbol “EGLX,” announced the ENGMF yesterday.

ENGMF’s strength:

Its four core pillars are Media, Talent, Esports, and Experiential, making ENGMF a unique event with a unique connection point with the GenZ and Millennial audience, unparalleled access to this important and profitable group of people. Enthusiast Gaming (ENGMF) owns and operates Canada’s largest gaming expo, EGLX, and the largest B2B mobile gaming event in Europe, Pocket Gamer Connects, and hosts over 50 live and virtual events annually.

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