Home Trending Stocks Allied Esports International Inc. (AESE) stock plunged during after-hour session. Here’s what’s...

Allied Esports International Inc. (AESE) stock plunged during after-hour session. Here’s what’s happening?

Allied Esports International Inc. (NASDAQ: AESE) stock gained by 12.95% at last close whereas the AESE stock price declines by 5.93% in the after-hours trading. With worldwide assets, live events, and production services that enhance creators, competitors, and content, Allied Esports International, Inc. is at the vanguard of esports entertainment.

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Recent Development

Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, has opened AE Studios which is a new division that will function as Allied Esports’ original content development, storytelling, and production services arm for partners looking for a turnkey solution outside of esports tournament operations and broadcasts.


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Outside of esports event management and broadcasting, Allied Esports has established AE Studios as a new option for unique content, narrative, and production services.

Allied Esports will use AE Studios to leverage its years of expertise creating digital content, as well as its seasoned global production staff and world-class facilities. In addition, HyperX Esports Arena Las Vegas and its production studio in Hamburg, Germany, are designing and producing digital-first projects for customers and partners in a range of sectors, including gaming, entertainment, pop culture, music, and sports.

The live production of CelebriTee Showdown on Twitch Sports is AE Studios’ first official endeavor. The interactive multimedia series will showcase celebrities’ in-studio going head-to-head on virtual replicas of some of the world’s best golf courses, while streamers play the game from their homes on a desktop or mobile device.

>> 7 Top Picks for the Post-Pandemic Economy << 

Jud Hannigan, CEO of Allied Esports commented,

After years of esports parachuting into people’s lives, AESE is in a great position to offer their diverse customer base innovative solutions that convey a compelling story outside of pure game competition, using professional, skilled, and digital-first production. With its unique basis, AE Studios has the ability to inspire people in entertainment production for years to come as the globe evolves to use content to reach ever-growing audiences.

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