Although significantly positive news emerged about Xtreme Fighting Championships yesterday, it could not arrest the continued slide in the company’s stock. The Xtreme Fighting (OTCMKTS:DKMR) stock tanked by 9% yesterday to continue the selloff in the stock and took the losses for the past week to as much as 22%.
Despite all that, it should be noted by investors that on Tuesday Fox networks revealed the extensive schedule of broadcasts that it is going to have of some of the Xtreme Fighting events like YoungGuns 3 and XFC 45. The XFC 45 event is going to take place on August 6 and it is going to be made available on FOX Sports 2, the FOX Now app and also the FOX Sports App.
In addition to that, the YoungGuns 3 event is also going to take place on the same day and is going to be broadcast just ahead of XFC 45. It is also going to be made available on FOX Sports 2. It goes without saying that this is a significant development for Xtreme Fighting Championships considering the number of eye balls that the events are going to catch through FOX. Hence, it now remains to be seen if the stock can make a recovery.