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Stock Report: December 7

Activision soars on Vivendi deal; Midway and SCi drop week on week

Stock in Activision rose by nearly 19 per cent across the past week, since Sunday's shock announcement that it had agreed a deal to merge with Vivendi Games.

The deal, not expected to be completed until the middle of 2008, will see the creation of the largest videogames publisher in the world, with significant interests in the console, PC, mobile and online markets.

Take-Two's stock also rose on the announcement, and its studio Rockstar today launched the latest in a line of trailers for forthcoming super-title Grand Theft Auto IV - originally slated for 2007, but now expected in Spring 2008.

Elsewhere other publishers made small gains across the week, including Konami and Ubisoft, although Sega slipped a little on poor first week sales of The Golden Compass videogame.

Midway dropped by 13.2 per cent to USD 2.24, although that does represent some recovery on its low at the close on Tuesday of USD 2.05.

SCi, which arrested a slide last week, dropped another 14.4 per cent this week to GBP 2.10 - that's down from a 2007 high in July of GBP 5.21. The company has admitted that offers have been made to acquire it, but no indication on when a decision will be made has yet been given.

Selected stock movements in the past week (at time of writing):

Activision 22.00 - 26.15 +18.9%
Take-Two 15.36 - 17.02 +10.8%
Konami 29.59 - 31.00 +4.8%
Ubisoft 59.88 - 61.74 +3.1%
Microsoft 33.81 - 34.85 +2.2%
Nintendo 605.19 - 611.89 +1.1%
THQ 24.88 - 24.94 +0.2%
Sega 12.72 - 12.59 -1.0%
Sony 54.06 - 52.95 -2.1%
EA 56.92 - 54.98 -4.1%
Midway 2.58 - 2.24 -13.2%
SCi 246.00 - 210.50 -14.4%

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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