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Headquartered in New York, StoryTrading is a social investing platform that makes sense of the stock market by crowdsourcing research from investors to understand the hidden story behind the trade. The platform turns the table on Wall Street insiders by empowering individual investors, who lack ...more
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GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

Great thought! We'd love to see what other author's think. There was some big news today on total value of contract wins in August.

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

Great comments Wall St. Wolf! We completely agree with everything you said.

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

Hey Carol - definitely a fair take.

We aren't making a buy or sell reccomendation here. Much also depends on interest rates and macro backdrop. As interest rates drop, non-profitable companies on the way to profitablity should fare better than they have over the past couple of years. 

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

Not sure when the deal was originally signed but October to March (5 months) is a normal timeframe for a deal to close. 

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

$LUNR is going to the moon - quite literally! $GAME probably not yet but things are quickly moving in the right direction. 

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

Hi - take a look at their last ER. Their EBITDA loss improved by $2.5M and they forecasted sequential improvement and guided for adjusted EBITDA profitability by Q4. 

We discussed the CEO's focus on driving to profitability on the panel discussion. Worth a listen!

https://x.com/StoryTrading/status/1829621766626689324 

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

The acquistion was closed on March 8th. This article highlights the progress made since then. 

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

You gotta pay attention to what the younger generation is doing. The kids know.

In this article: GAME
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
1 year ago

Followed you back Mike!

In this article: GAME
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