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Gamefly Going Public; NASDAQ Awaits

Gamefly Going Public; NASDAQ Awaits

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Gamefly is about to blow up!  Or at least will have the potential.

According to a Business Insider report, the through-the-mail video game rental service “has filed for a $50 million IPO.” GameFly will be traded on the NASDAQ exchange with the ticker of GFLY – with a name like that, expect shares to surge.

According to Business Insider, Gamefly is only used by approximately 1% of the gaming populace, so there should be a lot of room for growth. Of course, digital delivery of games could limit the long-term financial success of the company. We’ll have to wait and see.

You can check out the SEC filing HERE .

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