Author: Rick Rouse, Investors Alley

It’s one of the purest plays in the new market being referred to as the metaverse.

This once-darling of Wall Street has seen its stock price fall 86% from all-time highs.

With 50% returns possible, it offers a cheaper and less volatile way to play the electric vehicle sector.

Despite its esteemed position, the stock has been in a correction since peaking at a 52-week peak north of $74; it recently set a 52-week low of $27.48 earlier this month. Is it time to bet on this industry leader?