Video games have seen a sharp upturn in play time over the past few months. This past March was the best in more than a decade as sales approached holiday season levels in the middle of the month. Though the catalyst for this explosion of video game activity and revenues is undoubtedly chalked up to lockdown conditions giving consumers a wealth of time to spend on their gaming hobbies, deteriorating economic conditions and the variable length of lockdowns raise a few question about the rally’s sustainability through year end, when next-gen consoles from Sony and Microsoft are set to hit the market and re-ignite gaming’s hardware market.
Related ETF: Wedbush ETFMG Video Game Tech ETF
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