Streetbeat News

AGAE

Allied Gaming & Entertainment Inc.

Industry

Entertainment

Allied Gaming & Entertainment Inc. provides entertainment and gaming products worldwide. It operates esports properties to connect players and fans through a network of connected arenas; a flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada; a mobile esports truck that serves as a battleground and content generation hub; and a studio for recording and streaming gaming events. The company was formerly known as Allied Esports Entertainment Inc. and changed its name to Allied Gaming & Entertainment Inc. in December 2022. Allied Gaming & Entertainment Inc. was founded in 2018 and is based in Irvine, California.

Open

1.10

Mkt cap

50M

Volume

18K

High

1.18

P/E Ratio

-7.09

52-wk high

1.57

Low

1.10

Div yield

N/A

52-wk low

0.61

Allied Gaming & Entertainment (AGAE) has entered into a termination agreement with Elite Fun Entertainment Limited and its affiliates as of June 15, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:11 pm

The article highlights the intraday movements of several consumer discretionary stocks on Tuesday. Notable gainers include Kaixin Holdings (KXIN), E-Home Household Service (EJH), and Sonder Holdings (SOND). Significant losers include Target Hospitality (TH), Visionary Holdings (GV), and Motorcar Parts of America (MPAA), with MPAA's decline linked to its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 4:31 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Tuesday. Notable gainers include Yoshitsu Co (TKLF), GameStop (GME), and Kirkland's (KIRK), while significant losers include SRIVARU Holding (SVMH), DraftKings (DKNG), and Allied Gaming (AGAE).

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 12:07 pm

Allied Gaming & Entertainment reported its Q1 2024 earnings with an EPS of $(0.04), an improvement from $(0.05) year-over-year. Revenue increased to $2.4 million from $1.2 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:10 pm

Allied Gaming & Entertainment, Inc. (NASDAQ:AGAE) announced significant changes to its Board of Directors and management team, effective April 30, 2024. Mr. Yangyang Li has been appointed as President and will continue as Chairman of the Board, while resigning from his roles in the Compensation Committee and as Chair of the Nominating and Corporate Governance Committee. Ms. Chi Zhao joins as an independent director and takes on roles within the Board, including Chair of the Nominating and Corporate Governance Committee. Ms. Yinghua Chen and Mr. Adam Pliska have resigned as directors, with Chen continuing as CEO. The company aims to focus on mergers and acquisitions, strategic partnerships, investment in Asia, and legal proceedings under the new leadership structure.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:11 pm

In Wednesday's pre-market session, 11 consumer discretionary stocks showed significant movement. Notably, Sonder Holdings, Vision Marine, and Children's Place were among the top gainers, with increases of 18.2%, 16.43%, and 13.92% respectively. On the downside, Kaixin Holdings, Connexa Sports Technologies, and Allied Gaming led the losers, with declines of 8.3%, 7.15%, and 5.29% respectively. Vision Marine's rise followed its Q2 earnings report released two days prior.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

Allied Gaming (NASDAQ:AGAE) reported a Q4 EPS of $(0.03), improving from $(0.04) YoY. Sales increased to $2.07M from $1.22M YoY, marking a 70.42% growth.

Portfolio Pulse from dijoy@benzinga.com

March 27, 2024 | 9:03 pm

Allied Gaming (NASDAQ:AGAE) reported a Q4 EPS loss of $(0.03), an improvement from $(0.04) YoY. Sales increased to $1.37M from $1.22M YoY, marking a 12.98% growth.

Portfolio Pulse from Happy Mohamed

March 27, 2024 | 8:44 pm

In Wednesday's intraday session, 12 consumer discretionary stocks showed significant movement. Notable gainers included Cazoo Gr (CZOO) with an 82.6% increase and The One Group Hospitality (STKS) rising 23.31%. Among the losers, Dogness (DOGZ) fell by 16% and JOANN (JOAN) dropped 15.46%. Earnings reports influenced several stocks, including Allied Gaming (AGAE), Hour Loop (HOUR), and GameStop (GME).

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 4:31 pm

Earnings reports for March 27, 2024, include a mix of projected losses and earnings across various sectors. Notable companies like Cintas and Lands' End are expected to report earnings, while others like Local Bounti and REE Automotive anticipate losses. The diversity of industries, from biotechnology to retail, highlights the varied financial health within the market.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 9:02 am

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