Lionel Messi's clothing brand operator MGO Global soars ahead of Q1 results

MGO Global

15/05/2023 11:41

** Shares of MGO Global Inc  MGOL.O , which operates Lionel
Messi's apparel brand, rise 61.7% to $1.94 premarket
    ** 2.99 million shares change hands by 6:13 a.m. ET,
compared with stock's 10-day average volume of 292,800
    ** MGOL is the most actively traded stock across all major
U.S. exchanges
    ** The Messi Store operator for Argentina star footballer is
set to report its first quarterly earnings as a public company
on Tuesday after market close
    ** MGO Global stock, which began trading on Nasdaq on April
13, has lost 76% of its value from its IPO price of $5
    ** MGOL has a free float of 6.01 million shares and a market
value of $17.09 mln as of Friday's close

 (Reporting by Medha Singh And Vansh Agarwal)
 ((medha.singh@thomsonreuters.com))