Geopolitics Alpha

Opening trading-card packs has become a $2 billion market. New apps are trying to cash in.

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GEOPOLITICS ALPHAOpening trading-card packs hasbecome a $2 billion market. Newapps are trying to cash in.GEOPOLITICS ALPHA

Pack-ripping apps are changing the way people buy and sell cards. But analysts say their “slot-like payoff” raises risks.

Directly affected

  • No company is named in this report.

Indirectly affected

  • No related companies are mapped for this report yet.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Pack-ripping apps are changing the way people buy and sell cards. But analysts say their “slot-like payoff” raises risks.

Source: MarketWatch

This story

12 out of 100

“Opening trading-card packs has become a $2 billion market. New apps are trying to cash in.” scores 12 out of 100. The score uses 1 sources.