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By Josh Beckerman
Shares of Cell World Esports Inc., which focuses on video video games performed competitively for spectators in India and different South Asian markets, have been up 62% to $4.21.
Cell World did not seem to concern any press releases or securities filings Tuesday. Final week, the corporate stated in a submitting with the Securities and Change Fee that it was shifting its headquarters from California to Connecticut.
The inventory surged after its late-July preliminary public providing priced at $4, closing above $11 on its first two buying and selling days. Since then, shares fell 80%, closing Monday at $2.60.
Quantity was greater than 49 million shares Tuesday, the very best determine for the inventory to date.
Write to Josh Beckerman at josh.beckerman@wsj.com
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