3 Stocks to Watch as Videogame Sales Make Steady Rebound
EAElectronic Arts(EA) Zacks Investment Research·2024-03-12 21:05

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 $57.2 billion in 2023, up from $56.6 billion in 2022. This included sales across all categories including phy ...