FILE PHOTO: People enter a GameStop store during"Black Friday" sales in Carle Place, New York November 25, 2011. REUTERS/Shannon Stapleton
The tweet sent Esports stock up about 27%, hitting its highest in over three years, while GameStop continued its rally at about 40% higher. There have been some conversations with Citron, with regard to Esports’ business model, what is being built within Esports and online gambling, Cohen added. Esports “could easily go to $50” per share considering the synergies involved, Andrew Left-led Citron said.
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