24/7 Market News Snapshot 30 June, 2025 – Siyata Mobile, Inc. (NASDAQ:SYTA)
DENVER, Colo., 30 June, 2025 (www.247marketnews.com) – (NASDAQ:SYTA) are discussed in this article.
Siyata Mobile, Inc. (SYTA) has recently demonstrated significant momentum in the stock market, opening at $2.35 and trading as high as $2.664, reflecting an impressive gain of 15.32%. Following a previous closing price of $2.310, this bullish activity indicates a growing investor interest, with a trading volume of 3.76 million shares today. Such heightened market activity suggests both robust interest and potential volatility, likely influenced by favorable broader market sentiment or specific company developments. Analysts are advised to closely monitor key technical indicators, such as moving averages and relative strength index (RSI), as well as resistance and support levels to better understand future price movements.
In tandem with its stock performance, Siyata Mobile is on the verge of a game-changing transformation through its highly anticipated merger with Core Gaming, valued at $185 million and expected to close in the second quarter of 2025. This strategic acquisition is set to propel Siyata Mobile into the thriving AI-driven gaming sector. Core Gaming, notable for its extensive library of over 2,100 games and a robust community of 43 million monthly active users, has recently launched the innovative AI COMIC App, designed to democratize content creation tools for a diverse range of users.
The global AI gaming market is positioned for remarkable expansion, projected to grow from $1.5 billion in 2024 to nearly $9.8 billion by 2034. This escalating market landscape places the combined efforts of Siyata Mobile and Core Gaming at the forefront of an evolving industry. Importantly, Siyata will retain at least a 10% equity interest in the merged entity, ensuring continued benefits for legacy shareholders. With Core Gaming’s revenue climbing significantly—rising from $13.2 million in 2021 to an estimated $80.8 million in 2024—this merger not only solidifies Siyata’s position but also emphasizes its potential for future growth and innovation in the gaming realm.
Related news for (SYTA)
- Siyata Mobile and ESChat to Provide Critical Communications Support at Burning Man 2025
- Siyata Mobile Reports Second Quarter 2025 Financial Results
- Siyata Mobile Inc. to Announce Q2 2025 Financial Results on August 14
- Morning Market Snapshot: Launches and Renewable Power Headlines
- Momentum Names Holding Strong into the Afternoon
