On Thursday, Corsair shares opened at $14.10 each. By the end of the trading day, the company stock price was $15.58 per share, up by 9%. It appears that investors are starting to see that the company is capable of delivering long-term profit.
The e-sports market is expected to grow
Indeed, COVID-19 has massively impacted traditional sports as crowd sizes are cut in half, and questions of player health continue to be a pressing concern. Furthermore, the politicized nature of traditional sports has begun to drive away viewers, leaving e-sports to possibly generate new founds from uncommon demographics.
While e-sports have exploded in Asia, particularly South Korea, China, and Japan, there is still a lot of room for growth in the United States. The American market has been rather slow in its e-sports sector growth.
That said, the future of e-sports could change in a big way at some point in the future.
