March 15, 2019 - 4:48 PM EDT
Gaming Stocks: Turtle Beach Corp Shares Tank After Earnings

Gaming Stocks: Turtle Beach Corp Shares Tank After Earnings

Gaming Stocks

Gaming stocks are getting killed in 2019, after major companies in the space produced lower-than-predicted earnings for the holiday season. Turtle Beach Corp (NASDAQ:HEAR) shares are tanking nearly -18% today. The audio-technology company released an estimate of lower-than-projected earnings for Q1 2019 and investors aren’t pleased. The audio tech company had a phenomenal 2018, but why does 2019 look so bleak? Let’s find out!

Turtle Beach Earnings Fizzle in 2019

In early February, two major gaming stocks tanked after reporting revenue misses. Shares of EA (NASDAQ:EA) fell -13% after its earnings report miss and Take-Two Interactive ...

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Source: MicroSmallCap (March 15, 2019 - 4:48 PM EDT)