Why GAN Limited Stock Jumped as Much as 13.5% in Early Trading on Aug. 13

Shares of online betting facilitator GAN Limited (NASDAQ: GAN) rose sharply at the open on Aug. 13, reaching a gain of around 13.5% by 11 a.m. EDT. While the company didn't release any specific news (it will release second-quarter earnings after the close on Aug. 20), it was involved in the Canaccord Genuity 40th Annual Growth Conference. Notably, the company highlighted in its presentation at the Canaccord Genuity conference that it was able to get one customer (Cordish Group) up and running in just 72 days.