Allied Gaming & Entertainment Inc. (AGAE)

Allied Gaming & Entertainment, Inc.'s stock price has experienced significant volatility and a substantial decline over the past six months. Shareholder Rights Plan was approved on February 2, 2026. A federal court order on January 24, 2026, cleared the path for Allied's amended claims to proceed. Allied Gaming & Entertainment announced its Third Quarter 2025 Financial Results on November 20, 2025. On December 5, 2025, the company addressed elevated levels of short-selling and speculative trading activity. On September 12, 2025, Allied Gaming & Entertainment shares surged following news of crypto investments.

In-person experience revenues, driven by arena events, increased in the first quarter of 2025. Revenue from casual mobile gaming for AGAE slumped by 45% in Q1 2025. Mobile gaming tends to see higher user engagement and in-app purchases over weekends, with demand typically increasing around major holidays.

Allied Gaming & Entertainment, Inc. (AGAE) is a global experiential entertainment company focused on esports and gaming, operating within the Communication Services sector and the Entertainment industry. Its core business revolves around producing esports and gaming-related content, including organizing tournaments, hosting live and virtual events, and developing original programming. The company is also involved in the development and distribution of mobile casual games and the organization of events, shows, and concerts. A significant asset is its flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada.

Allied Gaming & Entertainment, Inc. operates on a worldwide scale, with key physical locations including its flagship gaming arena in Las Vegas, Nevada, and studios in both Las Vegas and Hamburg, Germany.

Allied Gaming & Entertainment's reputation has likely been affected by the ongoing legal dispute with dissident shareholder Knighted Pastures, which has resulted in increased legal fees. The company's statement in December 2025 regarding elevated short-selling and speculative trading suggests a challenge to its market standing and potentially its reputation among investors.

Allied Gaming & Entertainment Inc. has 27 institutional owners and shareholders who have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 2,344,311 shares. Major institutional shareholders include Miracle Mile Advisors, LLC, Vanguard Group Inc, BlackRock, Inc., Geode Capital Management, Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, FSMAX - Fidelity Extended Market Index Fund, State Street Corp, Susquehanna International Group, Llp, and VEXMX - Vanguard Extended Market Index Fund Investor Shares.