Here’s Why the Best Is Yet to Come for Corsair Gaming
Shares of Corsair Gaming (NASDAQ: CRSR) have more than doubled in value since the initial public offering (IPO) in September. Corsair is a leading brand in the world of gaming, supplying the essential gear that gamers need to participate in esports titles and broadcast their gameplay on streaming platforms.
While Corsair operates in a highly competitive market, its latest earnings results show a business with a lot of growth potential. Here’s why the best is yet to come.
The same trend in streaming that has changed how we watch movies and shows is playing out in the $175 billion video game industry. But the gaming industry has something going for it that the movie business doesn’t. Every gamer can buy the right gear and broadcast their gameplay on popular game streaming platforms, such as Amazon‘s Twitch, to build a following and be their own content producer.