HomeNewsFeaturesJobsEducationResourcesDirectory

Stock Report: November 23

SCi records a 25 per cent fall across the week on price point concerns

With most games now released in time for the busy Christmas period, it's a crucial time for the various publishers - although share prices have generally fallen across the board as the markets continue to suffer from the US subprime mortgage fallout.

The only company to buck that trend in the past week was Microsoft, who saw it's price rise by 2.6 per cent, while Konami, Midway Sony and Ubisoft were the least affected shares falling by less than 3 per cent each.

But the headline movement in the past week was for SCi, which saw its price drop by 25 per cent off the back of concern over price points and a lack of new information over a potential takeover - despite a higher volume of sales.

The price movements between November 16 and November 23 (at time of writing) for twelve of the key listed publishers are as follows:

Microsoft 33.32 - 34.19 +2.6%
Konami 29.52 - 28.87 -2.2%
Midway 2.65 - 2.59 -2.3%
Sony 50.01 - 48.71 -2.6%
Ubisoft 54.10 - 52.68 -2.6%
Take-Two 15.35 - 14.85 -3.3%
EA 56.26 - 53.81 -4.4%
Nintendo 583.42 - 555.68 -4.8%
THQ 26.40 - 24.93 -5.7%
Activision 20.27 - 18.92 -6.7%
Sega 14.26 - 12.89 -9.6%
SCi 333.00 - 249.75 -25%

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.

Comments

To comment on this article, or view other users comments, you need to register for the GamesIndustry.biz Network.


In Related News

SCi

SCi files to change name to Eidos

Ubisoft and EA rumoured for SCi acquisition

SCi abandons freeze on Warner share purchasing

Microsoft

Xbox 360 US sales see record-breaking Black Friday weekend

Massive to provide THQ in-game advertising

1.5 million Fable II units sold in two weeks

Newsletter Signup

Sign up to the FREE GamesIndustry Newsletter and receive a comprehensive round-up of industry news and info.


GamesIndustry.biz is the world's most read and influential games industry website. But don't just take our word for it!

"GamesIndustry.biz is one of my starting tabs when I boot up... so it's always one of the first sites I see each day. It's good being able to catch up with what's happened in the US overnight, and in the UK before I'm awake first thing, and know that the stories will be accurate and thought out."

Miles Jacobson

Latest announcements courtesy of GamesPress