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Stock impact report

Turtle Beach Seen Benefiting From Holiday Gaming Headset Sales [Investor's Business Daily]

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
Related news A Wall Street analyst on Wednesday pounded the table for Turtle Beach stock, saying retail data pointed to strong sales of gaming headsets this holiday season. D.A. Davidson analyst Tom Forte reiterated his buy rating on Turtle Beach ( HEAR ) with a 12- to 18-month price target of 30. Turtle Beach stock rose 5.8% to 14.77 on the stock market today . Turtle Beach shares have been beaten down by concerns about slowing headset sales. The stock hit a record high of 34.50 on Aug. 7. After completing a 1-for-4 reverse split effective April 6, Turtle Beach stock went on a dizzying climb. It rose 1,248% by the time it peaked just four months later. U.S. sales data from NPD for video games in October were favorable to Turtle Beach, Forte said in a report. "Sales in the headsets & headphones category doubled (year over year) in the month of October, with Turtle Beach called out as the leader," Forte said. The trend also will benefit headset maker Logitech International ( LOGI ), he Show less Read more
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