Motorsport Games Inc.(MSGM),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community - To The Moon

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MSGM Motorsport Games Inc.

Market Closed 12-20 16:00:00 EST

1.10

+0.04

+3.77%

盘后1.10

+0.000.00%

16:42 EST

High1.12	Low1.06	Vol25.36K
Open1.06	D1 Closing1.06	Amplitude5.66%
Mkt Cap3.50M	Tradable Cap1.81M	Total Shares3.18M
T/O27.27K	T/O Rate1.54%	Tradable Shares1.64M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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A Corvette Z06 LMGT3.R sits alongside a BMW M4 LMGT3 and a Ferrari 296 LMGT3 at Interlagos Circuit","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/12/03/2990751/0/en/Le-Mans-Ultimate-To-Add-First-LMGT3-Cars-Interlagos-as-DLC-with-Hosted-Private-Servers-and-Optional-Subscription-Features.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["WRD","BK4085","ULTI","MSGM"],"gpt_icon":0},{"id":"2486069932","title":"BRIEF-Motorsport Games Files For Mixed Shelf Of Up To $100 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2486069932","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486069932?lang=en_us&edition=fundamental","pubTime":"2024-11-26 06:23","pubTimestamp":1732573402,"startTime":"0","endTime":"0","summary":"Nov 25 (Reuters) - Motorsport Games Inc   :   * MOTORSPORT GAMES INC FILES FOR MIXED SHELF OF UP TO $100 MILLION – SEC FILINGSource text:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4008","BK4085","MSGM","UP"],"gpt_icon":0},{"id":"2486650790","title":"Motorsport Games files $100M mixed securities shelf","url":"https://stock-news.laohu8.com/highlight/detail?id=2486650790","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486650790?lang=en_us&edition=fundamental","pubTime":"2024-11-26 05:45","pubTimestamp":1732571113,"startTime":"0","endTime":"0","summary":"16:43 EST Motorsport Games (MSGM) files $100M mixed securities shelf Published first on TheFly – the ultimate source for real-time, market-moving b...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/motorsport-games-files-100m-mixed-securities-shelf?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/motorsport-games-files-100m-mixed-securities-shelf?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MSGM","BK4085"],"gpt_icon":0},{"id":"2485212579","title":"BRIEF-Motorsport Games Inc - Receives Nasdaq Notice Of Delisting","url":"https://stock-news.laohu8.com/highlight/detail?id=2485212579","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485212579?lang=en_us&edition=fundamental","pubTime":"2024-11-23 05:34","pubTimestamp":1732311296,"startTime":"0","endTime":"0","summary":"BRIEF-Motorsport Games Inc - Receives Nasdaq Notice Of Delisting Nov 22 (Reuters) - Motorsport Games Inc MSGM.O:MOTORSPORT GAMES INC - RECEIVES NASDAQ NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTI","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241122:nFWN3MT18G:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MSGM","BK4085"],"gpt_icon":0},{"id":"2483304654","title":"Q3 2024 Motorsport Games Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2483304654","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483304654?lang=en_us&edition=fundamental","pubTime":"2024-11-16 00:19","pubTimestamp":1731687562,"startTime":"0","endTime":"0","summary":"Ben Rossiter-Turner; VP of Competition; Motorsport Games Inc. Stephen Hood; Chief Executive Officer; Motorsport Games Inc. Thanks you for standing by, and welcome to the Motorsport Games Inc. third quarter 2024 earnings call.  As a reminder, today's conference is being recorded. I would like to turn the conference over to Ben Rossiter-Turner from Motorsport Games. Please go ahead.Thank you, everyone, for joining this conference call today. Since our last conference call, work has diligently continued at Motorsport Games and our development team at Studio 397 to deliver improved player experiences against the backdrop of ongoing cost optimization. We continue to drive game revenues whilst reducing expenditure. As announced last month, the company undertook further head count reductions aimed at reducing cash expenditure and streamlining operations. This wa","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-2024-motorsport-games-inc-161922937.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MSGM"],"gpt_icon":0},{"id":"2483331284","title":"Motorsport Games Inc (MSGM) Q3 2024 Earnings Call Highlights: Revenue Growth and Strategic ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2483331284","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483331284?lang=en_us&edition=fundamental","pubTime":"2024-11-15 15:17","pubTimestamp":1731655027,"startTime":"0","endTime":"0","summary":"For the complete transcript of the earnings call, please refer to the full earnings call transcript.Motorsport Games Inc  reported a 6.4% increase in revenues for the third quarter of 2024, primarily driven by higher digital game sales from the release of Le Mans Ultimate.The company achieved a significant reduction in net loss, improving by $2.9 million compared to the same period in the prior year.Adjusted EBITDA improved to $0.1 million for the third quarter of 2024, compared to an adjusted EBITDA loss of $2.5 million in the prior year.The company successfully reduced its average monthly cash burn from operations by $1.0 million compared to the previous year.The company is actively exploring strategic alternatives, including potential equity or debt financing, due to insufficient cash on hand.GuruFocus has detected 3 Warning Signs with MSGM.A: Stanley Beckley stated that the company is exploring several options to address liquidity issues, including potential equity or debt financin","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/GMEcfl.2cE8Z3h6mTl0d8A--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/252adf9f40ba71e80049da8299607ecf","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/GMEcfl.2cE8Z3h6mTl0d8A--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/252adf9f40ba71e80049da8299607ecf"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/motorsport-games-inc-msgm-q3-071707363.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MSGM"],"gpt_icon":0},{"id":"2483399293","title":"Motorsport Games Reports Q3 2024 Financial Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2483399293","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483399293?lang=en_us&edition=fundamental","pubTime":"2024-11-15 11:58","pubTimestamp":1731643130,"startTime":"0","endTime":"0","summary":"Motorsport Games, Inc. ( ($MSGM) ) has released its Q3 earnings. Here is a breakdown of the information Motorsport Games, Inc. presented to its inv...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/motorsport-games-reports-q3-2024-financial-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/motorsport-games-reports-q3-2024-financial-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MSGM","BK4085"],"gpt_icon":0},{"id":"2483355982","title":"Motorsport Games reports Q3 EPS 0c vs. ($1.31) last year","url":"https://stock-news.laohu8.com/highlight/detail?id=2483355982","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483355982?lang=en_us&edition=fundamental","pubTime":"2024-11-15 05:50","pubTimestamp":1731621042,"startTime":"0","endTime":"0","summary":"Reports Q3 revenue $1.8M vs. $1.7M last year…”The business has continued to take useful strides in Q3 2024 with further product updates, business s...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/motorsport-games-reports-q3-eps-0c-vs-1-31-last-year?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/motorsport-games-reports-q3-eps-0c-vs-1-31-last-year?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MSGM"],"gpt_icon":0},{"id":"2483435807","title":"Motorsport Games Shows Financial Recovery and Game Updates","url":"https://stock-news.laohu8.com/highlight/detail?id=2483435807","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483435807?lang=en_us&edition=fundamental","pubTime":"2024-11-15 05:36","pubTimestamp":1731620206,"startTime":"0","endTime":"0","summary":"Motorsport Games ( ($MSGM) ) has issued an announcement. Motorsport Games Inc. reported a notable recovery in its Q3 2024 financial performance, sh...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/motorsport-games-shows-financial-recovery-and-game-updates?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/motorsport-games-shows-financial-recovery-and-game-updates?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MSGM","BK4085"],"gpt_icon":0},{"id":"2483358583","title":"Motorsport Games Q3 Sales $1.80M Up From $1.69M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2483358583","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483358583?lang=en_us&edition=fundamental","pubTime":"2024-11-15 05:30","pubTimestamp":1731619832,"startTime":"0","endTime":"0","summary":"Motorsport Games (NASDAQ:MSGM) reported $1.80 million in sales this quarter. This is a 6.43 percent increase over sales of $1.69 million the same period last year.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41991190/motorsport-games-q3-sales-1-80m-up-from-1-69m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Motorsport Games Q3 Sales $1.80M Up From $1.69M YoY","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MSGM"],"gpt_icon":0},{"id":"2483337791","title":"Press Release: Motorsport Games Reports Third Quarter 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2483337791","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483337791?lang=en_us&edition=fundamental","pubTime":"2024-11-15 05:10","pubTimestamp":1731618600,"startTime":"0","endTime":"0","summary":"MIAMI, Nov. 14, 2024  -- Motorsport Games Inc.   today reported financial results for its third quarter ended September 30, 2024. The Company has also posted the third quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website.\"The business has continued to take useful strides in Q3 2024 with further product updates, business streamlining and in the assessment of undertaking of the previously announced 'strategic alternatives,'\" remarked Stephen Hood, President and Chief Executive Officer of Motorsport Games.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4085","MSGM"],"gpt_icon":1},{"id":"2482763702","title":"Motorsport Games to Report Third Quarter 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2482763702","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482763702?lang=en_us&edition=fundamental","pubTime":"2024-11-12 05:01","pubTimestamp":1731358860,"startTime":"0","endTime":"0","summary":"Motorsport Games to Report Third Quarter 2024 Financial Results   Motorsport Games to Report Third Quarter 2024 Financial Results  MIAMI, Nov.  11, 2024  (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NAS","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/11/11/2978551/0/en/Motorsport-Games-to-Report-Third-Quarter-2024-Financial-Results.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4085","MSGM","WRD"],"gpt_icon":0},{"id":"2474850117","title":"Motorsport Games Inc (MSGM) Q2 2024 Earnings Call Highlights: Strong Revenue Growth Amid ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2474850117","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2474850117?lang=en_us&edition=fundamental","pubTime":"2024-10-10 06:12","pubTimestamp":1728511971,"startTime":"0","endTime":"0","summary":"For the complete transcript of the earnings call, please refer to the full earnings call transcript.Motorsport Games Inc  successfully launched Le Mans Ultimate, which has received positive reception and created a passionate fan base.The company introduced a new revenue stream with the launch of a paid downloadable content  pack and a season pass, with 46% of purchases favoring the season pass.Revenues for the second quarter of 2024 increased by 8.2% compared to the same period in the prior year, primarily due to higher digital game sales.Net income for the quarter improved significantly, reaching $2.1 million compared to a net loss of $8.2 million in the prior year, driven by reduced operating expenses and gains from settlements.The company reported an adjusted EBITDA loss of $0.2 million for the second quarter of 2024, although this is an improvement from the previous year.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/GMEcfl.2cE8Z3h6mTl0d8A--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/252adf9f40ba71e80049da8299607ecf","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/GMEcfl.2cE8Z3h6mTl0d8A--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/252adf9f40ba71e80049da8299607ecf"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/motorsport-games-inc-msgm-q2-221251314.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MSGM"],"gpt_icon":0},{"id":"2473091371","title":"BRIEF-Motorsport Games Says Workforce Reduction In U.S. & United Kingdom Expected To Impact About 39% Of Employees Worldwide","url":"https://stock-news.laohu8.com/highlight/detail?id=2473091371","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2473091371?lang=en_us&edition=fundamental","pubTime":"2024-10-05 05:42","pubTimestamp":1728078167,"startTime":"0","endTime":"0","summary":"Oct 4  - Motorsport Games Inc   :   * MOTORSPORT GAMES: WORKFORCE REDUCTION IN U.S. & UNITED KINGDOM EXPECTED TO IMPACT ABOUT 39% OF EMPLOYEES WORLDWIDE   * MOTORSPORT GAMES INC - EXPECTS TO RECOGNIZE AND PAY OUT MAJORITY OF RESTRUCTURING CHARGE IN Q4 OF FISCAL YEAR 2024Source text for Eikon:    Further company coverage:    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4085","MSGM","UBCP","BK4211"],"gpt_icon":0},{"id":"2473915826","title":"Motorsport Games Weighs Sale, Cuts Costs, Expands Gaming Titles","url":"https://stock-news.laohu8.com/highlight/detail?id=2473915826","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2473915826?lang=en_us&edition=fundamental","pubTime":"2024-10-05 05:27","pubTimestamp":1728077273,"startTime":"0","endTime":"0","summary":"The latest announcement is out from Motorsport Games ( ($MSGM) ). Motorsport Games Inc. is actively exploring strategic options to enhance sharehol...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/motorsport-games-weighs-sale-cuts-costs-expands-gaming-titles?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/motorsport-games-weighs-sale-cuts-costs-expands-gaming-titles?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MSGM","BK4085"],"gpt_icon":0},{"id":"2473991359","title":"Motorsports Games Looking at Strategic Alternative, Cuts More Staff","url":"https://stock-news.laohu8.com/highlight/detail?id=2473991359","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2473991359?lang=en_us&edition=fundamental","pubTime":"2024-10-05 05:27","pubTimestamp":1728077220,"startTime":"0","endTime":"0","summary":"Motorsport Games is looking at strategic alternatives, including a possible sale, and plans to cut more jobs as part of its restructuring.The videogame developer on Friday said its board has authorized management to consider alternatives, as well as seek funding that would allow it to look at ways to bring its \"Le Mans Ultimate\" videogame to Sony PlayStation and Microsoft Xbox gaming consoles.The company is also cutting jobs in the U.S. and U.K. In a filing with the Securities and Exchange Commission, Motorsport said that it would reduce its workforce by about 24 employees and contractors, about 39% of its global workforce.The company plans to record a restructuring charge of about $200,000 related to the layoffs, according to the filing.\"These changes position us to become a more agile, focused, and efficient company -- one that is conscious of our forthcoming operating requirements as well as within-reach growth opportunities,\" Chief Executive Stephen Hood said.He added the company h","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4579","BK4504","BK4588","IE0003U64NQ7.SGD","GB00B4QBRK32.GBP","IE0009356076.USD","IE00BBT3K403.USD","IE00B4JS1V06.HKD","GB00B4LPDJ14.GBP","IE00BFSS8Q28.SGD","BK4548","BK4581","IE00B5TLWC47.USD","IE00BDRTCR15.USD","IE00BFSS7M15.SGD","IE00B4YYXB79.USD","IE00BLSP4239.USD","IE000KEQY171.SGD","BK4527","MSFT","BK4085","IE0004086264.USD","BK4533","BK4525","IE0005OL40V9.USD","IE00BKPKM429.USD","IE00BK4W5L77.USD","IE00B1BXHZ80.USD","IE00BK4W5M84.HKD","IE00B3SWFQ91.USD","IE0004091025.USD","IE00B19Z9505.USD","BK4592","MSGM","IE00B19Z8W00.USD","BK4554","BK4532","IE00B3S45H60.SGD","IE00BDCRKT87.USD","BK4503","IE00BJJMRY28.SGD","IE00BKDWB100.SGD","IE00BKVL7J92.USD","IE000W1ABFV2.USD","IE00B19Z8X17.USD","BK4535","BK4534","IE0034235303.USD","IE00B7KXQ091.USD","BK4538"],"gpt_icon":1},{"id":"2473136039","title":"Motorsport Games to consider strategic alternatives","url":"https://stock-news.laohu8.com/highlight/detail?id=2473136039","media":"seekingalpha","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2473136039?lang=en_us&edition=fundamental","pubTime":"2024-10-05 05:23","pubTimestamp":1728076990,"startTime":"0","endTime":"0","summary":"Motorsport Games  on Friday announced that the company is considering strategic alternatives, including a potential sale or merger. The company also said that it has undergone a restructuring including headcount reductions to reduce cash expenditure and further improve efficiency. Motorsport stated that it would implement additional measures, including the reduction of workforce primarily in the United States and the United Kingdom, to bring down its year-over-year operating expense. “We have implemented a strategic restructuring to further streamline operations, reduce costs, and strengthen our financial foundations. These changes position us to become a more agile, focused, and efficient company – one that is conscious of our forthcoming operating requirements as well as within-reach growth opportunities,” said CEO Stephen Hood. Shares of the company, which is known for its \"NASCAR\" and \"KartKraft\" games, have lost over 50% so far this year.","market":"sh","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1408422160/image_1408422160.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1408422160/image_1408422160.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4156569-motorsport-games-to-consider-strategic-alternatives","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha","symbols":["MSGM","BK4085"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.motorsportgames.com","stockEarnings":[{"period":"1week","weight":-0.0605},{"period":"1month","weight":0.0185},{"period":"3month","weight":0},{"period":"6month","weight":-0.5397},{"period":"1year","weight":-0.6207},{"period":"ytd","weight":-0.644}],"compareEarnings":[{"period":"1week","weight":-0.0216},{"period":"1month","weight":0.0011},{"period":"3month","weight":0.0403},{"period":"6month","weight":0.0857},{"period":"1year","weight":0.2506},{"period":"ytd","weight":0.2437}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers video games for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. It also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. Motorsport Games Inc. was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC.","yearOnYearQuotes":[{"month":1,"riseRate":0.666667,"avgChangeRate":1.348963},{"month":2,"riseRate":0,"avgChangeRate":-0.216285},{"month":3,"riseRate":0,"avgChangeRate":-0.292446},{"month":4,"riseRate":0.25,"avgChangeRate":-0.114638},{"month":5,"riseRate":0.25,"avgChangeRate":-0.153179},{"month":6,"riseRate":0.5,"avgChangeRate":-0.024434},{"month":7,"riseRate":0,"avgChangeRate":-0.175432},{"month":8,"riseRate":0.5,"avgChangeRate":-0.033767},{"month":9,"riseRate":0.5,"avgChangeRate":0.098736},{"month":10,"riseRate":0.25,"avgChangeRate":-0.115534},{"month":11,"riseRate":0.5,"avgChangeRate":-0.088422},{"month":12,"riseRate":0.25,"avgChangeRate":-0.211846}],"exchange":"NASDAQ","name":"Motorsport Games Inc.","nameEN":"Motorsport Games Inc."},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Motorsport Games Inc.(MSGM),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Motorsport Games Inc.(MSGM) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Motorsport Games Inc.,MSGM,Motorsport Games Inc.股票,Motorsport Games Inc.股票老虎,Motorsport Games Inc.股票老虎国际,Motorsport Games Inc.行情,Motorsport Games Inc.股票行情,Motorsport Games Inc.股价,Motorsport Games Inc.股市,Motorsport Games Inc.股票价格,Motorsport Games Inc.股票交易,Motorsport Games Inc.股票购买,Motorsport Games Inc.股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Motorsport Games Inc.(MSGM),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Motorsport Games Inc.(MSGM) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}