Lottery.com shares surge 11.23% intraday as Q3 net losses narrow 42.9% despite revenue drop.

viernes, 21 de noviembre de 2025, 11:56 am ET1 min de lectura
SEGG--
Lottery.com surged 11.23% intraday after reporting a 42.9% reduction in Q3 2025 net losses to $4.6 million, despite a 31.4% revenue decline to $137.7 million. The narrower losses, following five years of consecutive redemptions, signaled improved cost management or operational efficiency, which traders interpreted as a positive sign of stabilization. While the revenue drop raised concerns, the significant improvement in net losses likely offset those worries, driving immediate optimism among investors. The intraday rally reflects market confidence that the company’s financial trajectory may be stabilizing amid ongoing challenges.

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