Skip to content

Allied Esports Stock Jumps On Xsens Link-Up

Sam Boughedda trader
Updated 23 Mar 2021

Practice Stock Trading Your capital is at risk
Allied Esports Entertainment

Shares of Allied Esports Entertainment (NASDAQ: AESE) are trading higher on Tuesday after the company announced it has teamed up with Xsens, an inertial motion capture products company, to bring live animated casters to a professional esports tournament production for the first time.

Allied Esports said that through Xsen’s MVN motion capture systems, they will transform tournament casters into animated characters, creating exclusively designed live motion avatars.

There will be a three day CS:GO Legend Series tournament with casters Robert Jan Kortooms and Thiadrik Oldersma injecting CS:GO expertise into the animated characters and tournament broadcast.

“As gaming and esports viewership continues to grow, we need to push the boundaries of competitive content to provide new and engaging viewing experiences for our audiences and partners,” said Jud Hannigan, CEO of Allied Esports.

Allied Esports Entertainment shares are currently trading 5.63% higher at $3.75 after rising over 11% premarket.

Should You Invest in Allied Esports Entertainment Shares?

One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It's a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now

Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples. 
Analysis Stocks Markets Strategies