The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – declined 10.9% or 117.72 points in November to 960.19, with all AGEM Index companies reporting decreases in stock price over the period.
According to information from the Association of Gaming Equipment Manufacturers, which compiles the AGEM Index, the largest decline to the index was attributed to Aristocrat Leisure Limited, which produced a 48.0 point lower contribution that in October due to a 5.5% decline in its stock price.
Scientific Games Corporation (NASDAQ: SGMS) saw a 20.1% decline in stock price, resulting in a 27.11-point decline for the index, while Konami Corporation’s 10.1% decline in stock price shaved 13.91 points from the index.
Nevertheless, the index remained 52.0% or 328.47 points higher than in November 2020, having tripled in value since the onset of the pandemic in March 2020.
Two of the three major US stock indices saw decreases over the month, with the Dow Jones Industrial Average and the S&P 500 declining by 3.8% and 0.8% respectively, while the NASDAQ experienced a 0.1% increase.
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