Data from the NPD Group Inc. showed video-game hardware sales totaled $1.33 billion in November, an increase of 58.0 percent when compared to sales of $839.1 million a year ago. Sales of new games in retail shops totaled $1.1 billion, a decrease of 24.0 percent year-over-year. "People are buying less current-generation software but it’s clear that with the new consoles finally out, December will be huge," said Wedbush Securities analyst, Michael Pachter.
Activision Blizzard, Inc. (NASDAQ: ATVI) shares traded in the range of $16.60 to $16.93 Friday before settling to close at $16.77, an increase of 0.66 percent. The stock appears to be facing some resistance at the $16.91 and $17.13 levels with some support at $16.75. Shares of Activision Blizzard have fallen approximately 58.0 percent year-to-date.
More information on Activision Blizzard and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ATVI
Electronic Arts Inc. (NASDAQ: EA) shares traded in the range of $21.69 to $23.22 Friday before settling to close at $22.22, an increase of 5.96 percent. The stock appears to be facing some resistance at the $23.73 and $24.17 levels with some support at $21.73. Shares of Electronic Arts have gained approximately 53.0 percent year-to-date.
More information on Electronic Arts and access to the free equity report can be found at:
www.WallStreetFundamentals.com/EA
Sony Corporation (NYSE: SNE) shares traded in the range of $17.48 to $17.66 Friday before settling to close at $17.51, a decrease of 0.91 percent. The stock appears to be facing some resistance at the $17.78 and $18.32 levels with some support at $16.65. Shares of Sony have gained approximately 56.0 percent year-to-date.
More information on Sony and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SNE
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) shares traded in the range of $16.45 to $16.98 Friday before settling to close at $16.94, an increase of 3.17 percent. The stock appears to be facing some resistance at the $16.98 and $17.17 levels with some support at $16.73. Shares of Take-Two Interactive have gained approximately 53.0 percent year-to-date.
More information on Take-Two Interactive and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TTWO
Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.
Activate your always free membership by signing up at www.WallStreetFundamentals.com today.
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: [email protected]