Corsair Gaming Has Rocky Start on First Day of Trading

Corsair Gaming  (CRSR) – Get Report had a rough debut in its debut as a publicly traded company.

Shares of the Fremont, California-based company, which had priced 14 million shares at $17, were down 8.5% to $15.67.

The company, which designs and sells PC- or console-based gaming and esports hardware for enthusiasts, said in an S-1 filing that as of June 30, it had shipped more than 190 million gaming and streaming products since 1998, with more than 85 million in the past five years. 

Corsair said its net revenue “has grown significantly” since 2017.

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