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Analyst Likes Amazon, Logitech, Turtle Beach After Fortnite World Cup
Tuesday, July 30, 2019 - 3:13pm | 290Read More...After the success of the Fortnite World Cup Finals in New York over the weekend, D.A. Davidson said the battle royale game franchise is "alive and well. The event is a positive data point for the emergence of esports, analyst Tom Forte said in a Monday note. The analyst said he...
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16-Year-Old Wins Fortnite World Cup Solo Finals, $3M Prize
Monday, July 29, 2019 - 3:09pm | 219Read More...The Fortnite World Cup Solo finals ended Sunday, with player Kyle “Bugha” Giersdorf, 16, taking home the first-place prize of $3 million, according to Kotaku. Giersdorf went wire-to-wire to win the first event of its kind, held at New York’s Arthur Ashe Stadium. He went...
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Video Game Stocks Continue To Trade Lower Following Launch Of 'Apex Legends' Season 2
Monday, July 8, 2019 - 1:41pm | 519Read More...After closing last week on a down note, video game stocks such as Electronic Arts (NASDAQ: EA), Activision Blizzard (NASDAQ: ATVI) and Take-Two Interactive (NASDAQ: TTWO) are seeing downward pressure in Monday's session. Why The Move? Needham’s analyst Laura Martin told Benzinga the...
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MKM Positive On Video Gaming Industry, But 'Same-Old' Games Not Good Enough Anymore
Tuesday, June 11, 2019 - 1:03pm | 634Read More...The video game industry is rewarding new and different ideas rather than copycats, and those companies that can hit on the next new thing – the next “Fortnite”, for example, but not another “Fortnite” – will be the winners as the next generation gets going, MKM...
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Gaming Megastars PewDiePie, Ninja Team For 'Friday Fortnite'; Could Break Twitch Streaming Record
Wednesday, June 5, 2019 - 4:10pm | 376Read More...Top Twitch streamer Tyler "Ninja" Blevins is teaming up with Youtube star Felix "PewDiePie" Kjellberg in an attempt to shatter records on Amazon.com, Inc. (NASDAQ: AMZN)'s video game streaming platform Twitch. Both online personalities have massive followings, and...
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Turtle Beach Continues Partnership With Ali-A, The 'Most-Watched' Gamer On YouTube
Thursday, May 23, 2019 - 9:08am | 331Read More...Turtle Beach (NASDAQ: HEAR) shares are trading higher following news the company renewed a partnership with the world's "most-watched" gamer on Google's YouTube. What Happened Turtle Beach and Ali-A have collaborated for several years on a variety of projects across the...
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Battle Royale: Morgan Stanley Cautiously Upbeat On EA, Activision
Wednesday, March 20, 2019 - 8:25am | 640Read More...A few months after the frenzied reaction to the launch of "Apex Legends" by Electronic Arts Inc. (NASDAQ: EA), attention is turning to whether interest will continue in the game that EA hopes will challenge "Fortnite" for supremacy in the battle royale arena. "Call of Duty...
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Insider Buys Of The Week: Activision, Arconic, CVS Health
Sunday, March 17, 2019 - 2:45pm | 528Read More...Insider buying can be an encouraging signal for potential investors. Insiders were purchasing shares that appeared to have bottomed recently. A recently appointed CEOs continued building a stake this past week as well. Conventional wisdom says that insiders and 10 percent owners really only buy...
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Sound And Fury Over Guidance, But Wedbush Says Turtle Beach Still In The Game
Friday, March 15, 2019 - 2:34pm | 399Read More...While Turtle Beach Corp (NASDAQ: HEAR) has been winning in the battle for gaming headset sales, its stock was getting pummeled Friday after weaker-than-expected guidance. Shares in the headset maker dropped more than 18 percent despite a reporting a fourth-quarter earnings beat and announcing it...
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The Esports ETF Continues To Benefit From Shifting Video Game Industry
Friday, March 8, 2019 - 2:00pm | 692Read More...There are examples of the word “disruptive” carrying negative connotations, but in financial markets, companies, ideas and industries viewed as disruptive are often viewed in a positive light. As it should be, that is the case with the booming esports industry and the related...
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Game Over For GameStop? BofA Turns Bearish On Video Game Retailer
Friday, March 8, 2019 - 12:42pm | 446Read More...While the struggling retailer of video games and accessories and GameStop Corp. (NYSE: GME) deserves credit for "fighting several big structural headwinds" over the years, Bank of America Merrill Lynch turned negative on the stock Friday. The Analyst Bank of America's Curtis...
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Which Video Games Are Attracting Pro Gamers?
Monday, March 4, 2019 - 3:20pm | 688Read More...Blockbuster video game “Fortnite” generated $3 billion in profits for game developer Epic Games in 2018, so video game investors have all the motivation in the world to determine which game is going to be the next sensation. Popular professional esports players and video game streamers...
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'A Network Effect': New Model For Video Games Relies On In-Game Cash
Wednesday, February 20, 2019 - 4:13pm | 753Read More...The phenomenal success of "Fortnite" and its biggest competitor, Electronic Arts Inc. (NASDAQ: EA)’s "Apex Legends," points to a new model for how video game companies are increasingly making their money. The launch earlier this month of the free-to-play "Apex Legends...
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'Apex Legends' Hits 25 Million Players, Giving EA's Stock Another Boost
Tuesday, February 12, 2019 - 1:03pm | 581Read More...Simple math: it’s pretty likely someone you know spent part of this past weekend playing the new "Apex Legends" shooter game from Electronic Arts, Inc. (NASDAQ: EA). Not everyone was playing all the time, though - some people were taking some time out to buy stock in the gaming...
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Strong 'Apex' Release Continues To Boost EA Shares, Sell-Side Has Mixed Reaction
Monday, February 11, 2019 - 11:32am | 530Read More...Electronic Arts Inc. (NASDAQ: EA) is enjoying a strong rebound thanks to a successful launch of its new "Apex Legends" battle royale game with hopes of competing with "Fortnite." But analysts had mixed opinions Monday on if and how much the game will boost EA investors...
















