{"id":128772,"date":"2021-06-14T16:03:42","date_gmt":"2021-06-14T16:03:42","guid":{"rendered":"https:\/\/precoinnews.com\/?p=128772"},"modified":"2021-06-14T16:03:42","modified_gmt":"2021-06-14T16:03:42","slug":"stock-alert-what-is-driving-corsair-gaming","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/stock-alert-what-is-driving-corsair-gaming\/","title":{"rendered":"Stock Alert: What Is Driving Corsair Gaming?"},"content":{"rendered":"
Shares of Corsair Gaming Inc. (CRSR) are gaining nearly 20% as the gaming and content equipment-maker joins the “meme-stock” bandwagon.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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. <\/p>\n