We all know that there is a financial crisis in U.S. which has made a great impact on the Game companies and developers too. Let us a have a look at how much these companies have been doomed in the Stock market.
Take-Two Interactive, has lost 40 percent of its share price in a month, going from $21.77 to $13.01.
Electronic Arts' abandonment of its Take-Two takeover bid, which was $26 per share at its highest point.
EA was also a big loser during the Sept. 9-Oct. 9 period. Despite a recent spate of hits such as Spore and Warhammer Online, the publisher's stock value has shrunk 37 percent over the month, going from $44.21 to $27.80. More alarming is the fact that EA's stock value has nose-dived 53 percent in the past year, having been worth $59.94 on October 9, 2007.
THQ, which shed 39 percent of its value, sinking from $13.83 to $8.34. Over the past year, the WWE SmackDown and Saints Row 2 publisher has lost 68 percent of its value.
Activision Blizzard, which shaved 28 percent--$4.67--off of its shares during the month, ending at $11.95.
Things were also tough for companies with major game interests, such as the two console companies traded on US stock markets. On the NASDAQ, Xbox 360 maker Microsoft lost $3.80 (14 percent) during the month to close at $22.30, down from $30.10 a year ago. On the NYSE, Sony Corp. fared worse, suffering an $11.91 monthly drop (33 percent), to end up at $23.51.
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