NetworkNewsBreaks – Analysis Report Details Consumer Trends in Gaming

Company: LikeFolio
Category: Analyst Alerts

A recent analysis report provided insight into consumer macro trends in the gaming sector. The report, written by LikeFolio Founder Andy Swan, reads, “First-time gaming mentions increased 170% in the past 30 days vs. prior year. These remain significantly elevated since peaking in March. Generic gaming mentions surged from March-May, and are now normalizing slightly higher YoY: +4%. This is an ENORMOUS shift and behavior adoption spark…that seems to be sticking. And it can absolutely be expected to ripple into other industries. Take a look at the Purchase Intent growth in the last 30 days vs. prior year for companies with a dog in the gaming fight, ranging from game makers, graphics card producers, and even PC supplies. Every single one of these stocks have recorded at least double-digit gains year-to-date: NVDA: 121.5%; HEAR: 96.8%; LOGI: 49.8%; NTDOY: 38.1%; MSFT: 37.7%; ATVI: 37.6%; TTWO: 37.6%. *All based on 9/3 intraday price vs. 1/2/2020 close. The key takeaway here: it’s extremely powerful (and profitable) when investors understand the drivers of consumer behavior.”

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer spending behavior before it becomes news on Wall Street or in the corporate boardroom. For more information, visit www.LikeFolio.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)

For more information please visit https://www.networknewswire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217