MCV/DEVELOP News, events, research and jobs from the games industry
Despite the unveiling of its new home console Wii U, Nintendo’s share price has fallen to a five-year low. The format holder’s share price on the Tokyo Stock Exchange dropped 5.7 per cent from 17,950 YEN to 16,600 YEN yesterday, Bloomberg reports. However by the close of trading it had …
Read More »EA backs Medal of Honor to prosper
Publisher EA says that Medal of Honor’s battle to make a name for itself in the already crowded shooter category is a marathon not a sprint” as the game gets off to a less than ideal start ahead of its release on Friday. Gamasutra reports that shares in the company …
Read More »Majesco threatened with Nasdaq delisting
Majesco’s American arm faces potential delisting from the Nasdaq stock exchange if it fails to improve its share price. The publisher has been given 180 days to bring its share price above $1 and maintain that for 10 consecutive days of trading. It will then be able to appeal the …
Read More »Activision shares jump ahead of quarterly report
Shares in Activision Blizzard saw a sizable spike yesterday ahead of the publisher’s quarterly earnings report. On Wednesday Activision’s share price peaked at $11.16 after closing the day prior at $10.30. The encouraging jump follows Goldman Sachs analyst Mark Wienkes upgrading the company’s shares from ‘Neutral’ to ‘Buy’, claiming in …
Read More »SCi shares rocket following management exit
Eidos parent SCi’s share price jumped by almost 30 per cent this morning, after the company announced its management team had stepped down. At the time of posting, shares in the company had climbed to 62 pence – up 14 pence, or 29.17 per cent. The price has steadily climbed …
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