- Investor interest in HOFV has increased as signaled by the dramatic increase in the average dollar volume of shares traded in the past few months.
- This trend has corresponded with updates about the company's burgeoning media and gaming divisions, which could grow revenue exponentially and introduce tech-like multiples.
- HOFV has operational destination-based assets, is executing effectively against its business plan of developing them further, and has secured land and zoning approvals for the remainder of its project.
- It also has the financing and talent in place to bring its business plan to life.
- The share price is still way off its IPO price and a steady uptrend in the stock in line with improvements in the underlying business could transform it into a multi-bagger.
For further details see:
Hall Of Fame Resort And Entertainment Is A Potential Multi-Bagger