Stock Report: November 30

via Games Industry


Following last week's general market decline, the subsequent optimism surrounding strong retail performances in both the US and Japan have seen gaming shares fare rather better across the board.

Activision was the headline gain following the announcement on Tuesday that it was raising its outlook for the quarter on the back of record financial results - it jumped over 16 per cent across the week.

Ubisoft wasn't far behind, with prices shooting up almost 14 per cent to levels consistent with the beginning of November, while both Sony and Nintendo benefited from a stronger Tokyo market and excellent software and hardware sales.

Take-Two's price showed moderate growth following Strauss Zelnick's comments earlier in the week that he intends to grow the company, rather than sell it, while SCi's price largely evened off having fallen by 25 per cent last week - there was a flurry of activity mid-week, leading to speculation that a take-over announcement was imminent, but nothing materialised.

The price movements between November 23 and November 30 (at time of writing) for twelve of the key listed publishers are as follows:


Activision: 18.92 - 22.00, +16.3%
Ubisoft: 52.68 - 59.88, +13.7%
Sony: 48.71 - 54.06, +11.0%
Nintendo: 555.68 - 605.19, +8.9%
EA: 53.81 - 56.92, +5.8%
Take-Two: 14.85 - 15.36, +3.4%
Konami: 28.87 - 29.59, +2.5%
THQ: 24.93 - 24.88, -0.2%
Midway: 2.59 - 2.58, -0.4%
Microsoft: 34.19 - 33.81, -1.2%
Sega: 12.89 - 12.72, -1.3%
SCi: 249.75 - 246.00, -1.5%


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.