Motorsport Games Stock Jumped 700% Tuesday: What's Going On?
Motorsport Games Stock Jumped 700% Tuesday: What's Going On?
Shares of motorsports network company Motorsport Games Inc (NASDAQ:MSGM) rocketed higher by more than 700% on Tuesday and were halted several times along the way. It looks like several developments fueled the buying spree. Here's what you need to know.
赛车网络公司的股票 赛车游戏公司 纳斯达克股票代码：MSGM）周二飙升了700％以上，并在此过程中多次停牌。看来有几项事态发展推动了买盘狂潮。以下是你需要知道的。
What Happened: On Monday, Motorsport Games entered into a debt-for-equity exchange agreement with majority stockholder Motorsport Network LLC to repay $1 million in debt under a $12 million line of credit.
发生了什么： 周一，Motorsport Games与多数股东签订了债转股协议 赛车网络有限责任公司 在1,200万美元的信贷额度下偿还100万美元的债务。
"This debt exchange benefits our balance sheet, allows us to pay less interest expense and will help Motorsport Games to pursue product development and growth opportunities," said Dmitry Kozko, executive chairman and CEO of Motorsport Games.
他说：“这种债务交换有利于我们的资产负债表，使我们能够减少利息支出，并将帮助Motorsport Games寻求产品开发和增长机会。” 德米特里·科兹科，Motorsport Games执行董事长兼首席执行官。
"This debt exchange also signals the ongoing confidence that our majority shareholder, Motorsport Network, has in Motorsport Games."
“这次债务交易也表明我们的大股东Motorsport Network对Motorsport Games的持续信心。”
That's not the only shareholder with confidence in the micro-cap stock. Late Monday, shareholder Mike Zoi disclosed the purchase of 338,983 shares at an average price of $2.95, per a new regulatory filing with the SEC.
这不是唯一对微型股有信心的股东。周一晚些时候，股东 迈克·佐伊 根据向美国证券交易委员会提交的新监管文件，披露以2.95美元的平均价格购买了338,983股股票。
Did You Know Benzinga Tracks Insider Trading? Check This Out: Recent Insider Trading Activity
你知道本辛加追踪内幕交易吗？看看这个：最近的内幕交易活动
Tuesday morning, Motorsport Games announced that it received notice from the Nasdaq that it regained full compliance with listing rules, fulfilling the compliance notice it received on Nov. 11.
周二上午，Motorsport Games宣布，它收到了纳斯达克的通知，称其已完全遵守上市规则，履行了11月11日收到的合规通知。
The extremely low-float stock surged on abnormally-high volume in Tuesday's trading session. Motorsport Games' average session volume is about 135,000, according to Benzinga Pro. Tuesday's trading volume was just shy of 50 million.
在周二的交易时段，由于成交量异常高，这只极低的浮动股飙升。Motorsport Games 的平均会话量约为 135,000，根据Benzinga Pro的说法。周二的交易量略低于 五千万。
The stock is being circled by retail traders. It was among the top trending tickers on Stocktwits at last check.
该股正被零售交易者围观。在上次查看时，它是Stocktwits上最受欢迎的股票之一。
MSGM Price Action: Motorsport Games shares closed Tuesday up 713.7% at $21.40 before pulling back slightly in after hours.
MSGM 价格走势： Motorsport Games股价周二收盘上涨713.7％，至21.40美元，然后在盘后小幅回落。
The stock was hovering around $20.35 at the time of writing, according to Benzinga Pro.
根据Benzinga Pro的数据，在撰写本文时，该股徘徊在20.35美元左右。
Photo: courtesy of Motorsport Games.
照片：由 Motorsport Games 提供。