Sharplink Gaming Inc. (NASDAQ:SBET) saw a drop of 8.26% on Thursday, closing at $15.43 per share due to a decline in Ethereum prices. Ethereum fell by 3.27% to $4,304.92 amid market uncertainties. Investors also reacted to the grant of restricted stock units to co-CEO Joseph Chalom, who joined SBET on July 25. Chalom received time-based and performance-based restricted stock units under an award plan. The time-based units will vest over three years. Chalom has 20 years of experience in digital finance innovations. While SBET shows potential, some AI stocks may offer higher returns with limited downside risk. For more insights, check out our free report on the best short-term AI stock.

Read more at Yahoo Finance: SharpLink (SBET) Falls 8% on Ethereum Decline