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Esports Stocks To Watch Now - September 12th

Allied Gaming & Entertainment logo with Consumer Discretionary background

Key Points

  • Allied Gaming & Entertainment, Sphere Entertainment, and PENN Entertainment are the top Esports stocks to watch as they had the highest trading volume recently, according to MarketBeat.
  • Allied Gaming specializes in creating esports venues and live events, while Sphere Entertainment hosts a variety of live entertainment, including esports competitions.
  • PENN Entertainment offers integrated entertainment and casino gaming experiences, operating several brands in online sports betting and iCasino across multiple regions.
  • MarketBeat previews top five stocks to own in October.

Allied Gaming & Entertainment, Sphere Entertainment, and PENN Entertainment are the three Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose core business revolves around competitive video gaming—this can include game publishers, tournament organizers, professional team owners, streaming platforms, and specialized hardware makers. By buying these equities, investors gain exposure to the growth potential of the global esports ecosystem and its related services. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

Allied Gaming & Entertainment (AGAE)

Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

Read Our Latest Research Report on AGAE

Sphere Entertainment (SPHR)

Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.

Read Our Latest Research Report on SPHR

PENN Entertainment (PENN)

PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

Read Our Latest Research Report on PENN

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