Videogames have been one of the stock market’s star attractions in 2020, mostly powered by Covid-19 quarantines and the coming release of new game consoles from
Sony
and
Microsoft.
Another long-running trend predated the pandemic, however, and will surely outlast it: mobile gaming.
An estimated two billion people now play videogames on mobile devices. Videogame makers all benefit from the broad participation, but there are limited pure-play stocks on the theme.
The largest in the U.S., by far, is
Zynga
(ticker: ZNGA). Despite huge growth, the stock plays second fiddle to those of larger game publishers
Activision Blizzard
(ATVI),
Electronic Arts
(EA), and
…
