The eSports industry has grown at a fairly handsome rate over the course of the past half a decade or so and investors are increasingly looking for options in that space. One of the stocks that investors could consider looking into at this point in time is the GGTOOR Inc (OTCMKTS:GTOR) stock.
The company is emerging as a potential big player in the eSports space and on Tuesday, its stock was on the move as well after GGTOOR announced yesterday that July 2021 was another record breaking month. After the announcement was made, the stock clocked gains of as much as 16% as investors piled on to the stock in a big way.
The company announced that in the month of July it recorded as many as 3500 new player registrations and that reflects a rise of as much as 63% from June. Hence, it was no surprise that the stock was on the move yesterday and it now remains to be seen if it can maintain its strong momentum for the rest of the week. In addition to that, GGTOOR also revealed that the number of memberships on Discord also continued to soar and the net addition for July stood at 2000 new members.
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