Trending

24/7 Market News – NextPlay Technologies, Inc. (NASDAQ: NXTP) trading higher, at inflection point, on Sale of Reinhart Digital TV announcement

(24/7 MARKET NEWS) NextPlay Technologies, Inc. (NASDAQ: NXTP) announced, this morning, that it agreed to sell the company’s travel business, NextTrip Group, LLC, and its 51% ownership of Reinhart Digital TV (the 100% owner of Zappware) to Vancouver-based TGS Esports Inc. (TSX-V: TGS, OTC: TGSEF). Transaction closing remains subject to other conditions and approvals.

NextPlay is trading higher in premarket at $0.51, up $0.13 (+35.93%), on 2,946,059 premarket shares traded, and hit a high of $0.65 this morning. NextPlay has challenged this price point resistance a few times over the past month, but failed. However, if NextPlay can breakthrough this level, on significant volume, that would be a likely confirmation of a reversal of the downward trend in its share price that started in October.

24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

Please go to www.247marketnews.com or https://www.247marketnews.com/terms-disclaimer/ for further information.

RelatedNews

Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SIGN UP FOR OUR NEWSLETTER

Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist