Top Esports Stocks To Watch Today - February 21st

On February 21st, investors are keeping an eye on three notable esports stocks: PENN Entertainment, Insight Enterprises, and Sphere Entertainment. These stocks represent companies active in the expanding esports industry, which encompasses professional competitive video gaming and related sectors such as game development, streaming services, hardware innovations, and esports teams and leagues.

PENN Entertainment (PENN)

PENN Entertainment, Inc. operates in the integrated entertainment sector, focusing on sports content and casino gaming experiences. The company has five segments: Northeast, South, West, Midwest, and Interactive. It also manages online sports betting and casino operations under various brands, including Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook.

As of midday trading, PENN's shares were down $0.66, reaching $20.66, with a trading volume of 1.1 million shares, compared to an average of 4.7 million. The company has a market cap of $3.15 billion and a price-to-earnings ratio of -5.82. Over the past twelve months, the stock has seen a low of $13.50 and a high of $23.08.

Insight Enterprises (NSIT)

Insight Enterprises, Inc. provides technology solutions, hardware, software, and services both in the U.S. and globally. The company's offerings focus on managing and supporting cloud platforms, cybersecurity solutions, data analytics, AI solutions, and modern workplace applications.

The stock of Insight Enterprises traded down $2.69 to $163.31 during midday trading, with 130,319 shares exchanged. Its market capitalization stands at $5.19 billion, with a price-to-earnings ratio of 25.09. The stock's performance over the past year shows a low of $146.56 and a high of $228.07.

Sphere Entertainment (SPHR)

Sphere Entertainment Co. is involved in the entertainment sector, producing and hosting a variety of live events including concerts, sports, and esports. The company operates venues like The Garden and Radio City Music Hall in New York City.

During trading hours, Sphere Entertainment's stock fell by $0.71, closing at $46.68, with a trading volume of 258,606 shares. The company holds a market capitalization of $1.65 billion and has a price-to-earnings ratio of -4.45. Its twelve-month performance has seen a low of $32.10 and a high of $51.83.

Esports, Stocks, Investing