Volatility in the equity markets continues, primarily due to the COVID-19 pandemic. The coronavirus has brought economies around the world to a screeching halt as businesses large and small have shuttered, and many of those allowed to keep operating have far fewer customers. The revenue declines have resulted in more permanent business closures and driven unemployment rates higher.
But there are a few investing sectors that have thus far remained relatively immune to the worst effects of the pandemic. With hundreds of millions of people spending nearly all their time at home, video games have become a go-to way to pass the time for many and video game companies are seeing much higher user engagement, This, in turn, is boosting sales for gaming giants NetEase (NASDAQ: NTES) and Tencent (OTC: TCEHY). Let's take a closer look at how these two companies and their investors could benefit from this new norm.
Image source: Getty Images.