Why Hall of Fame Resort & Entertainment Is Falling 8% Today

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Shares of Hall of Fame Entertainment & Resort (NASDAQ: HOFV) were giving up 8% in late afternoon trading Friday after the football-oriented resort, entertainment, and media company had been down as much as 13% on the day.

While there was no news to seemingly trigger the decline, Hall of Fame’s stock had spiked after the market’s close on Thursday following its CEO’s live interview on YouTube with the financial news website Benzinga.

That, of course, followed a wild surge in Hall of Fame’s stock the day prior when it announced a partnership with Dolphin Entertainment, an entertainment marketing firm, to create non-fungible tokens (NFTs) for NFL fans. 

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