Corsair stock falls as supply-chain issues hurt sales

Corsair stock falls as supply-chain issues hurt sales
·1 min read

Corsair Gaming Inc. shares fell in the extended session Thursday after the videogame peripheral maker said supply-chain problems and a shortage of gaming cards are hurting sales. The company said that it still sees “2021 as a strong growth year” and is “several years ahead of our growth expectations before our IPO in 2020,” but that sales will be less than expected. “Despite this backdrop of growth, we believe that our 2021 net revenue has been held back at least 10% by global logistics and supply-chain issues, especially by the lack of affordable GPUs in the retail channel,” said Andy Paul, Corsair chief executive, in a statement.

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