BUZZ-Motorsport Games up after company says considering strategic alternatives, job cuts

Reuters

2024/10/05

** Shares of Motorsport Games jump 11% to $1.6 in after-hours trading

** Company says workforce reduction in the U.S. and the U.K. to impact 39% of its employees worldwide

** Says board has authorized consideration of strategic alternatives

** Receiving inquiries regarding strategic transactions - company

** YTD, stock is down ~53%

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))

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