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Rap Sheet

Author:

Mahyar Hashemi

Subject:

News

Date:

10/15/09 at 5:25 PM CDT

 

 

READ: 1379

RPLY: 0

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Sentiment:

Neutral

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.

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