{"id":7885,"date":"2023-05-31T14:24:12","date_gmt":"2023-05-31T10:24:12","guid":{"rendered":"https:\/\/evisionworlds.com\/?p=7885"},"modified":"2023-05-31T14:24:12","modified_gmt":"2023-05-31T10:24:12","slug":"americas-biggest-ipos-catch-the-eye-of-south-asian-investors","status":"publish","type":"post","link":"https:\/\/evisionworlds.com\/?p=7885","title":{"rendered":"America\u2019s Biggest IPO\u2019s catch the eye of South Asian Investors"},"content":{"rendered":"

Dubai <\/strong><\/p>\n

The Southeast Asian gaming market is expected to grow at an 8.5% CAGR during the forecast period. The rising popularity of various sports and investments in internet infrastructure are the primary factors driving the market’s enormous growth potential.<\/p>\n

Buying E-sports stocks online and their subsequent performance are \u201call the rage\u201d in America and South Asian investors be a part of this incredibly lucrative industry as E-Sport IPO\u2019s enter the market with an incredible surge in both demand and price. To name one of the most notable one, Esport Technologies soared 700% over its IPO pricing level.<\/p>\n

IPO pops are not new. According to data from Jay Ritter, the average IPO pop from 1980 through 2020 was 18.4% in one day. In 2021, the average first day gain after an IPO was 16%. Using all common stock IPOs between 2000-2020, we confirm previous evidence of positive average first-day IPO returns of 21.11 percent in one day.<\/p>\n

Recent Esport IPO\u2019s:<\/p>\n

    \n
  1. NASDAQ: EBET) Esport Technologies soared 700% over its IPO pricing level. Seeking Alpha Apr. 9, 2021.Esports Technologies (NASDAQ: EBET) soars again in early trading after a strong debut yesterday that saw shares jump more than 500% from their IPO pricing level.\u00a0 Shares of EBET are up 33.36% premarket to $48.57 vs. the IPO pricing mark of $6.00 per share.<\/li>\n
  2. Mobile Global Esports, (NASDAQ: MGAM), was listed on the Nasdaq on July 29, 2022, pricing the 1.5 million shares on offer at $4.00. MGAM shares went to trade as high as $20 on the second day of trading<\/li>\n<\/ol>\n

    The rise of eSports is presenting new, interesting investment opportunities. While getting a direct exposure to the eSports theme is fairly limited, investors can target companies that generate significant revenue from video games and e-sports.<\/p>\n

    ESports, competitive gaming events conducted at a professional level, are becoming big business. According to Juniper Research, the global\u00a0eSports and games streaming industry is expected to grow from $2.1 billion in 2021 to $3.5 billion by 2025. This represents a growth of 70% over the next four years. With its roots being in\u00a0South Korea, Asia has led global eSports trends and growth for over the past twenty years.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Dubai The Southeast Asian gaming market is expected to grow at an 8.5% CAGR during the forecast period. The rising popularity of various sports and investments in internet infrastructure are the primary factors driving the market’s enormous growth potential. Buying E-sports stocks online and their subsequent performance are \u201call the rage\u201d in America and South<\/p>\n","protected":false},"author":1,"featured_media":7886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,111],"tags":[],"class_list":{"0":"post-7885","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-finance"},"_links":{"self":[{"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/posts\/7885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7885"}],"version-history":[{"count":1,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/posts\/7885\/revisions"}],"predecessor-version":[{"id":7887,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/posts\/7885\/revisions\/7887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=\/wp\/v2\/media\/7886"}],"wp:attachment":[{"href":"https:\/\/evisionworlds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evisionworlds.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}