The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – decreased by 7.4% or 66.85 points in December to 839.10 points, with global gaming giants Aristocrat and Light & Wonder suffering the largest stock price declines.
The December result was also down by 13.6% or 132.49 points compared with December 2021 as a result of 10 of the 12 AGEM Index companies reporting stock price decreases.
According to the Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, the largest positive contributor to the index in December was Agilysys whose 19.2% increase in stock price led to an 8.69-point gain to the index.
Aristocrat was the largest negative contributor, with its 12.9% decrease in stock price resulting in a 39.68-point loss. Light & Wonder Inc also observed a 9.5% decrease in stock price, leading to an 11.95-point decrease to the index.
All three major U.S. stock indices saw month-over-month decreases in December 2022. The Dow Jones Industrial Average fell by 4.2% from November, while the S&P 500 fell by 5.9% and the NASDAQ by 8.7%.
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