SharpLink (SBET) Drops 8% Amid Ethereum Price Decline

Reported 2 days ago

SharpLink Gaming Inc. (NASDAQ:SBET) experienced an 8.26% decline, closing at $15.43 per share, due to investors selling off amid a decrease in Ethereum prices, which dropped 3.27% to $4,304.92. This marks the sixth consecutive day of losses for SBET, coinciding with recent announcements regarding granted restricted stock units to co-CEO Joseph Chalom. Despite the potential of SBET, some analysts suggest other AI stocks may offer better investment opportunities.

Source: YAHOO

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