NPD Results Delayed for
Gamestop Corp, Activision, Take Two Interactive, Electronic Arts,
THQ Inc.
Video game investors will have to wait a couple more business
days to see September's NPD results for video game software and
hardware sales. They are hoping for a turn around in video
game stock sentiment.
Publishers Activision Inc., Electronic Arts Inc., THQ Inc., and
Take Two Interactive Inc., along with retailer Gamestop Inc., have
all been outperformed by the S&P 500 in a one year
period. Since October 16th, 2008, Gamestop is break even
while the S&P has risen 21%. Activision gained 7% but
Take Two is down 4%, EA is down 23% and THQ is down 36%.
Analysts are pointing toward a long list of highly anticipated
titles this holiday and in 2010 to bring the video game publishers
and retailers back to life.
|
|