- Gravity is rather cheap video gaming exposure focused almost entirely on Asian markets.
- Asian markets are where mobile games have the most presence, Gravity is similarly skewed towards mobile exposures.
- Mobile gaming generally fell, especially in large markets like Japan, but also more broadly.
- Casual gaming is experiencing a strong reversal as the pandemic subsides while online gaming has more traction.
- The issue is even the online segment will struggle as bad-will mounts with closures of private servers and bot accusations. Best avoided.
For further details see:
Gravity Suffers With Mobile Pullback