Phil Elliott
15:22 (BST)
14/12/2007
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Stock Report: December 14
Midway gains on Unreal Tournament 3 anticipation
Following last week's movement in the wake of the Activision Blizzard deal announcement, this week has seen general growth across the board - and particularly in light of a strong set of sales figures from NPD for November.
Shares in Midway rose sharply on anticipation of strong sales for Unreal Tournament 3 - the price peaked briefly at USD 4.40 before settling back down again, albeit to a level that represents growth of almost a third week on week.
The last time Midway's stock was above the USD 3 mark was the beginning of November.
Others to enjoy reasonable rises across the week included THQ, Konami and EA, while most of the key publishers saw modest increases.
Nintendo fell slightly in a week which saw continuing good sales for its consoles globally, but some evidence that its rivals are closing the gap due to a manufacturing shortfall.
No announcement regarding possible suitors for SCi have been made for another week, and while flagship title Kane and Lynch hasn't enjoyed massive critical acclaim, the furore surrounding the GameSpot incident has at least subsided somewhat.
Selected stock movements in the past week (at time of writing):
| Midway | 2.24 - 3.20 | +32.8% |
|---|---|---|
| THQ | 24.94 - 27.13 | +8.8% |
| Konami | 31.00 - 32.82 | +5.9% |
| EA | 54.58 - 57.33 | +5.0% |
| Take-Two | 17.02 - 17.66 | +3.8% |
| Sony | 52.95 - 54.69 | +3.3% |
| Ubisoft | 61.74 - 63.49 | +2.8% |
| Microsoft | 34.55 - 35.22 | +1.9% |
| Activision | 26.15 - 26.50 | +1.3% |
| Sega | 12.59 - 12.71 | +1.0% |
| Nintendo | 611.89 - 575.03 | -6.0% |
| SCi | 210.50 - 190.00 | -9.7% |
Please note that stock prices on differing markets may be influenced by separate local events, and shouldn't necessarily be compared like for like. This list is not a ranking of total market valuation; selected stocks only. Prices given in local exchange currency, except Tokyo stocks, which are converted into USD.
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