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3 Stocks to Watch as Videogame Sales Make Steady Rebound
EAElectronic Arts(EA) Zacks Investment Research·2024-03-12 13:05

The U.S. videogame industry has been trying to stage a rebound that saw sales rise in 2023, and the momentum continues this year. Cooling inflation and easing price pressure are helping consumers spend more on discretionary items lately, giving a boost to videogame sales.According to a report from the Entertainment Software Association and Circana, spending on videogames in the United States totaled 57.2billionin2023,upfrom57.2 billion in 2023, up from 56.6 billion in 2022. This included sales across all categories including phy ...