What happened Shares of Corsair Gaming (NASDAQ: CRSR), which makes gear for computer gaming and streaming, surged 58% in November, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 11% last month. Since Corsair stock's late September initial public offering (IPO) at $17 per share, it's gained 110% through Friday, Dec. 4. The broader market has returned 13.1% over this period. Image source: Corsair Gaming. So what We can attribute Corsair Gaming stock's strong performance last month in part to a continuation of the momentum it's had since its IPO. Investors have been enthused about its prospects since gaming and streaming have been growth markets for some time. Moreover, these markets have gotten a tailwind from the COVID-19 pandemic, due to people sheltering at home. There were also several specific catalysts last month that boosted the stock. These include the company's Nov. 9 announcement that it had acquired Gamer Sensei, the world's biggest esports coaching platform, followed the next day by its release of third-quarter results that were better than Wall Street had expected. In Q3, revenue jumped 61% year over year to $457.1 million. Net income on the basis of generally accepted accounting principles (GAAP) was $36.4 million, or $0.40 per share, up from $1.5 million, or $0.02 per share, in the year-ago period. On an adjusted basis, earnings per share (EPS) rocketed 315% to $0.54. That result sailed by the $0.26 analyst consensus estimate. Now what On Nov. 20, management raised its full-year 2020 revenue guidance. It now expects revenue to be in the range of $1.651 billion to $1.666 billion, representing growth of 50% to 52% year over year. That's a $35 million boost on both ends of the range from the outlook management had provided just 10 days earlier when Corsair released its Q3 results. 10 stocks we like better than Corsair Gaming, Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Corsair Gaming, Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Beth McKenna has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source