Tag: Mobile Global eSports

The stock of Mobile Global eSports triples on its Nasdaq debut
Business, Business News, Press Release

The stock of Mobile Global eSports triples on its Nasdaq debut

New York (USA), August 5: Mobile Global eSports Inc. (MOGO), a mobile esports company operating out of India, has taken the stock market in the US by storm. Mobile Global eSports Inc. has gone public in the US by listing on Nasdaq. The company sold 17.25 lakh shares at $4 apiece to raise $6.90 million (approximately Rs. 55 crores). The IPO has turned out to be arguably the hottest issue of the summer as the shares surged to $12.57, more than triple the issue price, with over 1.35 crore shares changing hands on its Nasdaq debut. “Mobile sports is set to grow at a tremendous pace over the years. The combination of India, which is home to the youngest population in the world and one of the fastest-growing major economies, and the fastest growing sport, is an unbeatable one. Mobile Global eS...