The esports sector has grown at a remarkable pace in recent years and investors are naturally increasingly interested in stocks from the sector. One of the stocks in the esports sector that you could do well to look into this week is that of GGTOOR Inc (OTCMKTS:GTOR).
Although it is true that on Monday the stock corrected sharply and fell by as much as 27% on the back of profit booking, it should be noted that it is still up by a handsome 125% in the past week. Despite the profit booking, the company was in the news as well after it made a key announcement.
GGTOOR announced yesterday that it managed to attract as many as 1700 registrations combined for the three online events that it is going to host this week. The company noted that the number of registrations is going to help it in ending the month on a strong note. However, there was another major announcement from the company.
GGTOOR announced that it had also been part of its first in-person event this month in the form of the Gaming Department of NecronomiCon that had been hosted in Tampa, Florida.
