Lottery.com Inc. is trading 5.2% down at $1.45, with the stock's volatility continuing as investors digest both the recent launch of its Sports.com Predict platform and a scathing short-seller report.
- On June 10, White Diamond Research published a report calling the company a 'fake company' with a potentially fraudulent partnership, causing the stock to plummet.
- The stock rallied sharply on June 11 following the official launch of its Sports.com Predict platform, which coincided with major global sporting events.
- Today's decline appears to be a mix of profit-taking from yesterday's rally and continued pressure from the serious allegations in the short-seller report.