Does anyone understand why GAN’s price continues to decline. It seems like a fundamentally good stock in an area that I would expect to grow significantly (sports betting). Many “experts” are using price targets in the $25 to $30 a share range. Today it dropped significantly below $17. It continues to drop while competitors like Draft Kings and Kambi are doing well. Is it time to buy more on the dip, hold the significant share that I now own (down about 18%), or sell off some shares?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.