Gaming and esports are two sectors which have managed to emerged as highly popular options among many investors in the past year or so and today, investors hunting for such stocks could take a look at the GameSquare Esports Inc (OTCMKTS:GMSQF) stock.
It is a global esports and gaming company and yesterday, the stock actually fell by 6% as investors decided to book some of their profits. That being said, it is necessary to point out that over the past week the GameSquare stock is still up by as much as 20%.
Earlier on in the week on Tuesday, the company was in the news after it announced the results from the special and annual meeting of shareholders. The company noted that all the four matters that were put on vote were approved by the shareholders. In addition to that, as many as six people were elected to the post of directors at the company.
Two of the more important matters on which votes took place were in relation to the election of directors and the other was the rolling stock plan that had been put forward by GameSquare. It will be interesting to see if the stock is back in action today after yesterday’s profit booking.