Stock Track | Corsair Gaming Plunges 10.46% After-Hours as Founder and CEO Andy Paul Plans Retirement

Stock Track

Feb 13, 2025

Shares of Corsair Gaming, Inc. (CRSR) fell sharply in after-hours trading on Wednesday, plunging 10.46% following the company's announcement that founder and Chief Executive Officer Andy Paul plans to retire effective July 1, 2025.

The company stated that Andy Paul, who has led Corsair for 31 years since founding it in 1994, will step down from his roles as CEO and board member. Thi La, currently the President and Chief Operating Officer, has been appointed as the company's next CEO.

While Corsair's fourth-quarter earnings report showed better-than-expected adjusted earnings of $0.23 per share and revenue of $413.6 million, investors appear to have reacted negatively to the news of Paul's impending retirement. The market may be concerned about the potential impact of this leadership transition on the company's future strategy and performance.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1199869031"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1199869031\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1199869031?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-13 05:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1199869031","market":"us","top_or_hot":-1,"title":"Stock Track | Corsair Gaming Plunges 10.46% After-Hours as Founder and CEO Andy Paul Plans Retirement","media":"Stock Track","content":"<p>Shares of Corsair Gaming, Inc. (CRSR) fell sharply in after-hours trading on Wednesday, plunging 10.46% following the company's announcement that founder and Chief Executive Officer Andy Paul plans to retire effective July 1, 2025.</p>\n\n<p>The company stated that Andy Paul, who has led Corsair for 31 years since founding it in 1994, will step down from his roles as CEO and board member. Thi La, currently the President and Chief Operating Officer, has been appointed as the company's next CEO.</p>\n\n<p>While Corsair's fourth-quarter earnings report showed better-than-expected adjusted earnings of $0.23 per share and revenue of $413.6 million, investors appear to have reacted negatively to the news of Paul's impending retirement. The market may be concerned about the potential impact of this leadership transition on the company's future strategy and performance.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Corsair Gaming Plunges 10.46% After-Hours as Founder and CEO Andy Paul Plans Retirement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Corsair Gaming Plunges 10.46% After-Hours as Founder and CEO Andy Paul Plans Retirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-13 05:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Corsair Gaming, Inc. (CRSR) fell sharply in after-hours trading on Wednesday, plunging 10.46% following the company's announcement that founder and Chief Executive Officer Andy Paul plans to retire effective July 1, 2025.</p>\n\n<p>The company stated that Andy Paul, who has led Corsair for 31 years since founding it in 1994, will step down from his roles as CEO and board member. Thi La, currently the President and Chief Operating Officer, has been appointed as the company's next CEO.</p>\n\n<p>While Corsair's fourth-quarter earnings report showed better-than-expected adjusted earnings of $0.23 per share and revenue of $413.6 million, investors appear to have reacted negatively to the news of Paul's impending retirement. The market may be concerned about the potential impact of this leadership transition on the company's future strategy and performance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRSR","symbol_name":"Corsair Gaming, Inc.","start_time":0,"source_url":"","article_id":"1199869031","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1199869031","pubTimestamp":1739397041,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Corsair Gaming, Inc.  fell sharply in after-hours trading on Wednesday, plunging 10.46% following the company's announcement that founder and Chief Executive Officer Andy Paul plans to retire effective July 1, 2025.The company stated that Andy Paul, who has led Corsair for 31 years since founding it in 1994, will step down from his roles as CEO and board member. Thi La, currently the President and Chief Operating Officer, has been appointed as the company's next CEO.While Corsair's fou","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRSR":"Corsair Gaming, Inc."},"translate_title":"创始人兼首席执行官安迪·保罗(Andy Paul)计划退休，股价盘后暴跌10.46%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRSR":1},"content_text":"Shares of Corsair Gaming, Inc. (CRSR) fell sharply in after-hours trading on Wednesday, plunging 10.46% following the company's announcement that founder and Chief Executive Officer Andy Paul plans to retire effective July 1, 2025.\nThe company stated that Andy Paul, who has led Corsair for 31 years since founding it in 1994, will step down from his roles as CEO and board member. Thi La, currently the President and Chief Operating Officer, has been appointed as the company's next CEO.\nWhile Corsair's fourth-quarter earnings report showed better-than-expected adjusted earnings of $0.23 per share and revenue of $413.6 million, investors appear to have reacted negatively to the news of Paul's impending retirement. The market may be concerned about the potential impact of this leadership transition on the company's future strategy and performance.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}