Grand Theft Stock Shares: Take-Two, EA shares plummet |
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We rarely come by news of stock movement in the games industry, but whenever we do hear of them, they usually come in the wake of some big waves. Take Square Enix for example: we learned their stock shares rose after announcing Final Fantasy XIII for the Xbox 360.
While that was something positive, this time around, misery loves company as both Take-Two Interactive and Electronic Arts lost some stock profile after EA's takeover offer was finally closed. The deal was shut down just yesterday, and already, both companies are feeling its effects - T2 most especially.
As Bloomberg reports, the Nasdaq Stock Market charts show that Take-Two's stock fell by $5.96 (27%) from US$ 21.89 to US$ 15.93. This is the biggest drop they've had since December, 2001. EA's decline isn't as substantial, clocking only a 2.7% drop (US$ 1.22), from US$ 44.99 to $43.77.
Related articles:
- Electronic Arts ends talks with Take-Two: merger no go
- Square Enix stock shares rise after FF13 Xbox 360 reveal
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Comments [refresh]
That's cheap!!!! Looks like it's time to buy some stock for Take Two......1000 shares please!
grand theft auto sucks
Looking for a cheap videogame stock that can make you great gains?
Look into Interplay (IPLY) if you dare. I have money on it. Earthworm Jim + Fallout 3 hype + Fallout MMORPG + Ca-ching$$$
how much are their shares going for
wanted to get into this stock buying biz.i want my money to start making money!!!
say... think we can buy stockshares from qj too? XD
This probably has very little to do with the actual company. Most companies in the stock market are down right now. Lehrman brothers is bankrupt, Meryll Lynch getting bough by BoA. The economy has hit its lowest point since 2001 overall.
Yeah sure. If you are still interested, I'll tell you how to start. I am self taught though, so you might want to check with an expert anyways. Hit me with an email: rommelirico@hot mail.com
is the worst closest to the Great Depression - twice under the same government. Oh I forgot he is a C average student - dont expect him to do satisfactory in math. LOOL
Meryl Lynch felt under BoA. AIG is going the same way. So brace yourself. It's now the time to start buying shares for those who want to start on the stock market.