September 16, 2021

Epic Games Stock

Epic Games Stock

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Epic Games is the creator of the popular video game Fortnite, so many people become interested in investing in the company behind this smash hit. The bad news is that there is no Epic Games ticker symbol because it is not a publicly traded company. You can’t buy Epic Games stock on any exchange. The good news it that Tencent owns 40% of Epic Games and is a publicly traded Chinese company, its stock trades on exchanges in China, Hong Kong and on the over the counter market in the U.S. as ticker symbol TCEHY. The founder and CEO Tim Sweeney still owns 50% of the company. [1]

Fortnite Battle Royale became an blockbuster hit and a worldwide success with over 125 million players in its first year, making hundreds of millions of dollars each month in revenue, with $9 billion in revenue in the first two years alone. [2] A spin off Fortnite as its own stock would be a huge IPO but unlikely to happen anytime in the near future.