Phil Elliott
11:46 (BST)
01/04/2008
Ubisoft shares up on higher forecast
Following yesterday's announcement from Ubisoft that it was raising its full year guidance on the back of strong sales, particularly of Assassin's Creed and Tom Clancy's Rainbow Six Vegas 2, shares in the publisher have jumped 6 per cent.
It is now forecasting sales at around EUR 45 million higher than previously predicted, at EUR 920 million.
The company closed yesterday at EUR 54.47, but opened today at EUR 58.44, rising as high as EUR 59.94 this morning, before falling back slightly to EUR 57.86 at time of writing - although that figure still represents a 6 per cent increase on yesterday's price.
Meanwhile Midway's share price has been steadily rising since the troubled US publisher parted company with David Zucker last month.
It's price hit a low on March 20 of USD 2.01, but is currently trading at USD 2.70, which represents an increase over the past two weeks of 34 per cent.
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