Score Media and Gaming (SCR.TO) Stock Is Unbelievably Crashing By As Much As 38%.

Score Media and Gaming stocks drastically changed throughout the month. On June 16, the share was at Can$26.01 and, with some fluctuations, reach Can$31.59. The stock dropped by 22% from Can$31.59, from the high point, which is an unpleasant result. Since June 25, the price is markedly plummeting to Can$19.40.See the source imageBronstein, Gewirtz & Grossman, LLC is investigating capability claims on benefits of purchasers of Score Media and Gaming Inc. (“Score” or the “Company”).the investigation concerns whether Score and some of its officers and directors violated federal securities laws. LLC “Bronstein, Gewirtz and Grossman” is a boutique of corporate litigation. The primary experience is in the aggressive handling of lawsuits on behalf of clients.

Score conducted an initial public offering (“IPO”)on or about February 25, 2021, selling 6 million Class A shares for $ 27.00 per share. Then, on July 13, 2021, after entering the market, Score stated its financial results for the third fiscal quarter of 2021. Among other results, Score announced GAAP earnings per share of $ 0.78, which is $ 0.48 lower than consensus estimates. On this news, the price of Score shares fell by $ 1.75 per share, or 9.86%, and closed at $ 15.99 per share on July 14, 2021.

Jack Dawkins

Finance and Tech Contributor

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