T:CC - Videogame names crowd week's top Communications gainers losers

Communications Services stocks had a rebound week along with the market, gaining sharply after a rough start to 2022. Stocks in the sector rose 5.8% for the week, matching the performance of the SPDR S&P 500 Trust ETF. Overall stocks had their best week in 16 months, and 10 of the 11 S&P 500 sectors rose for the week, with the exception of Energy. Videogame stocks were prominent on both ends of the spectrum, with gainers led by some long-suffering names. Sea Limited (NYSE:SE) gained 15.4% for the week, making a substantial jump Wednesday after its CEO wrote stockholders about keeping the faith following a stock decline extending to 73% over six months. Roblox (NYSE:RBLX) was the week's second-biggest large-cap gainer, up 11.8%, and its relief rally mirrored Sea's over the last four days of the week. Like Sea, it's had a rough six months. Roblox stock closed Monday down 73% since

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Videogame names crowd week's top Communications gainers, losers