HOFV - Hall of Fame Resort falls after new short report from Bleecker Street Research

Vertigo3d/iStock via Getty Images Hall of Fame Resort & Entertainment (HOFV) ticked lower, down 1.5%, in premarket trading after a new short report from Bleecker Street Research. Bleecker Street writes that the company non-fungible token or NFT offering was an "unmitigated disaster" as the "crown jewel" of the collection failed to meet its reserve price. The short report also alleges HOFV's 2026 guidance "seems almost impossibly unrealistic, and perhaps the worst of any 2020 SPAC." Bleecker Street is short HOFV. HOFV didn't immediately respond to Seeking Alpha request for comment. HOFV short interest 7.8% of float. In April, Hall of Fame Resort shares jump on collaboration with Dolphin Entertainment and H2H for first NFT offering.

For further details see:

Hall of Fame Resort falls after new short report from Bleecker Street Research