Messi-tied clothing stock jumps more than 200% after IPO

Messi-tied clothing stock jumps more than 200% after IPO

Argentinian soccer legend Lionel Messi’s clothing brand The Messi Store made its U.S. market debut on Friday, with the stock jumping more than 200% before falling back below its initial price by the market close.

MGO Global Inc. (MGOL), the operator of The Messi Store, Argentinian soccer star Lionel Messi’s clothing brand, sold just 1.5 million shares to the public, though trading was halted multiple times during the morning session as investors flocked to Messi’s brand.

The company opened…


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