Stock for the Enhanced Games spiked immediately after the company’s first-ever quarterly earnings call, then plummeted when the markets opened on Friday morning.

When markets closed on Thursday, the stock was trading at about $1.97. After close and the earnings call, it rose to $2.31, at times jumping as much as 25% from its 52-week low.

But after opening on Friday morning, the stock price plummeted and is currently hovering around where it was at close on Thursday.

The stock was as high as $11 per share in May before the inaugural version of the Enhanced Games.

Earnings Report

The Enhanced Games reported $17.7 million in revenue in the 2nd quarter of 2026 against $79.6 million in expenses. That resulted in a loss of about $62…