New York (CNN Business) Corsair Gaming, a hardware and accessory company, went public Wednesday under the ticker symbol CRSR and is looking to raise $238 million. The stock has a 52-week high of $27.38 and a 52-week low of $14.09. While that covers the Corsair Gaming news for today, potential investors may be looking for additional details about the company. Corsair Gaming Inc. set sail on the Nasdaq today, officially becoming a public company. Just as people who want to learn golf or another competitive sport will seek out trainers to learn how to play well, Corsair believes the same market is starting to take root in the video game industry.Â, To capitalize on this opportunity, Corsair recently announced the acquisition of Gamer Sensei, a top platform for esports coaching. All these different brands make a quality product, but most gamers are going to gravitate to the products that they trust. Let's conquer your financial goals together...faster. The CORSAIR Gaming hub brings together the best content from our esports teams and streamers, and the latest tips and tricks to help you game like a pro. The company’s stock price has collected -7.78% of loss in the last five trading sessions. ET by Tomi Kilgore Corsair Gaming started at buy with $24 stock price target at Stifel Nicolaus Game and creator segment revenue was up 128.8% year-over-year to $161.6 million. Returns as of 12/14/2020. It's a market that is going viral, and Corsair Gaming is in the sweet spot. Cumulative Growth of a $10,000 Investment in Stock Advisor, Here's Why the Best Is Yet to Come for Corsair Gaming @themotleyfool #stocks $CRSR $LOGI $RZZRY, growing popularity of professional gaming, The New Console Cycle Is Here! Selling more streaming gear is a big opportunity for Corsair Gaming since there are an estimated 1.3 billion gamers playing on PC worldwide. Find real-time CRSR - Corsair Gaming Inc stock quotes, company profile, news and forecasts from CNN Business. The fund acquired 2,161,360 shares of the company’s stock, valued at approximately $43,443,000. The company's recent IPO was a flop, but things have turned around since. The company has already proven it can do just that. Corsair Gaming Inc. (NASDAQ:CRSR) went down by -1.51% from its latest closing price compared to the recent 1-year high of $51.37. Earnings: Corsair Gaming reported a 60.7% year-over-year increase in third-quarter revenue. In other words, it's mostly hardcore gamers who are driving revenue growth at Corsair right now. But as more casual gamers begin upgrading, the market could explode. Streaming has only started to take off in recent years but has already become a mainstream social outlet for players around the world. Corsair Gaming completed its initial public offering in September and has already reported stellar earnings results for the third quarter. Get Corsair Gaming Inc (CRSR:NASDAQ) real-time stock quotes, news and financial information from CNBC. The Investor Relations website contains information about Corsair Gaming, Inc.'s business for stockholders, potential investors, and financial analysts. There is Logitech International (NASDAQ:LOGI), which is a juggernaut in the gaming peripherals market. Video game hardware and peripherals maker Corsair Gaming (CRSR) on Tuesday easily beat Wall Street's targets for the third quarter and guided higher for the holiday quarter. The product innovation from the leading manufacturers of graphics processors, such as NVIDIA��and Advanced Micro Devices, will ensure that gamers continue upgrading their PCs with new components to play the latest games. Based on that finding, the company will likely do fine if just a small percentage of gaming enthusiasts continue to buy its products. Market data powered by FactSet and Web Financial Group. Management believes the market for its products could multiply if current trends continue in gaming. In 2019, the global market for PC gaming and streaming gear was estimated to be $36 billion. However, 83% of this spending was from only 18% of the total number of people who play games on PC, which was estimated at 524 million. Supplying the nuts and bolts to keep gaming PCs performing at fast speeds has been Corsair's bread and butter for years. As graphics technology has advanced over the years, video games have become more immersive, which precipitates continuous upgrade cycles. It was comfortable for hours of Total War, and it never let … BlackRock Inc. owned approximately 2.35% of Corsair Gaming … Let's conquer your financial goals together...faster. FREMONT, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Corsair Gaming, Inc. (NASDAQ:CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers and content creators, today announced the date for the release of its third quarter 2020 earnings and its … Sales of power supply units, memory modules,��and other components made up 65% of Corsair's revenue in the third quarter and grew 38% year over year, but new products designed for putting together a professional-looking streaming broadcast are growing much faster.��, Sales of green screens, lighting, microphones, and video capture cards are exploding.��These products made up 35% of Corsair's business last quarter and grew 129% year over year.��. See you at the top! Corsair Gaming stock received a stampede of bullish reports on Monday. Corsair is also benefiting from millions of gamers who are upgrading their gaming PCs with new components, such as power supply units, cooling solutions, and DRAM modules. The growing popularity of professional gaming, or esports, and the growth of live game streaming are already encouraging casual gamers to up their game. Analyst Raises … Corsair HS70 Bluetooth Multi-Platform Gaming Headset. 3 Video Game Stocks to Watch for 2021, Why Corsair Gaming Could Be the Biggest Beneficiary of New Graphics Cards, Why Shares of Corsair Gaming Tumbled Today, Here's Why the Best Is Yet to Come for Corsair Gaming, Forget AMD, This Hot Gaming Stock Has Almost Doubled and Could Still Win Big, Copyright, Trademark and Patent Information. On October 1, 2020, we announced the launch of our new flagship gaming keyboard, Corsair K100 RGB. Panic sellers Lmao. 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