A Reversal for GAN PLC Is Not Near. The Stock Declines Again

 A Reversal for GAN PLC Is Not Near. The Stock Declines Again

The stock of GAN PLC (LON:GAN) is a huge mover today! The stock decreased 6.67% or GBX 2.5 on November 10, hitting GBX 35. About 53,126 shares traded hands or 68.88% up from the average. GAN PLC (LON:GAN) has risen 41.51% since April 12, 2016 and is uptrending. It has outperformed by 35.86% the S&P500.
The move comes after 6 months negative chart setup for the GBX 25.15 million company. It was reported on Nov, 10 by Barchart.com. We have GBX 31.50 PT which if reached, will make LON:GAN worth GBX 2.52M less.

More notable recent GAN PLC (LON:GAN) news were published by: Businesswire.com which released: “GAN PLC UK Regulatory Announcement: Statement re Chickasaw Nation” on August 12, 2016, also Businesswire.com with their article: “GAN PLC UK Regulatory Announcement: Notice of Results” published on September 20, 2016, Businesswire.com published: “GAN PLC UK Regulatory Announcement: Half-year Report” on September 30, 2016. More interesting news about GAN PLC (LON:GAN) were released by: Businesswire.com and their article: “Statement re Launch of real money Regulated Gaming in Europe” published on September 12, 2016 as well as Businesswire.com‘s news article titled: “GameAccount Network UK Regulatory Announcement: Statement re GAN to launch …” with publication date: December 23, 2015.

GAN plc, formerly GameAccount Network plc, is a well-known provider of enterprise online gaming software, operational support services and online game content development services to the casino industry. The company has a market cap of 25.15 million GBP. The Company’s divisions are business to business and business to consumer (B2C). It currently has negative earnings. The Firm is engaged in the provision and development of real money gaming software and the supply of Internet gaming systems to the online industry, and the provision and development of simulated gaming software and underlying systems to casino operators in the United States and other international markets.

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