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Shares of Corsair Gaming Inc. (CRSR) are gaining nearly 20% as the gaming and content equipment-maker joins the "meme-stock" bandwagon.


RTTNews | Jun 14, 2021 10:22AM EDT

10:22 Monday, June 14, 2021 (RTTNews.com) - Shares of Corsair Gaming Inc. (CRSR) are gaining nearly 20% as the gaming and content equipment-maker joins the "meme-stock" bandwagon.

Data from the Yolostocks website, which tracks real-time mentions on stocks within Reddit, shows that Corsai is now the second-most discussed stock among the Redditusers, up from a previous rank of 10, over the past 24 hours.

CRSR is currently trading at $38.79, up $6.43 or 19.86%, on the Nasdaq, on an volume of 19.5 million shares, compared to average volume of 1.3 million shares. The stock has traded between $14.09 and $51.37 in the 52-week period.

Last month, Corsair posted first-quarter profit of $46.7 million, up from $1.2 million last year. Revenues surged 71.6%% to $529.4 million, driven by a 132% jump at its gamer and creator peripherals segment.

Read the original article on RTTNews ( https://www.rttnews.com/3202117/stock-alert-what-is-driving-corsair-gaming.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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