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Stock impact report

Cramer Remix: This Fortnite play is not worth the temptation [CNBC]

Turtle Beach Corporation (HEAR) 
Last turtle beach corporation earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corp.turtlebeach.com/investor-relations
Company Research Source: CNBC
show chapters The resurrection in shares of Turtle Beach , a high-end headset maker whose products are popular with video gamers, stunned even CNBC's Jim Cramer . How do you go from $2 to $22 in nine months? the Mad Money host wondered on Wednesday. Simple: this rally is all about the rise of these insanely popular battle-royale games like Fortnite and PlayerUnknown's Battlegrounds. Thanks to either stellar planning or sheer luck, Turtle Beach happened to release the first Xbox-compatible wireless headset in 2017 just as the battle-royale craze was kicking off. Gamers who wanted to communicate with their fellow players flocked to Turtle Beach's products, sending the company's revenue through the roof. That's how you get a 1000-percent rally, Cramer said. It just so happens that Turtle Beach makes the most popular headset that's used with the most popular video game around at the moment. But Cramer wasn't sure the hype could last. He reminded Show less Read more
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