Wall Street Fundamentals Releases New In-Depth Stock Reports on ATVI, EA, SNE and TTWO


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Companies Mentioned

NASDAQ:ATVI / NASDAQ:EA / NYSE:SNE / NASDAQ:TTWO
03/26/2014 [ACCESSWIRE]

Video game sales have rebounded in 2014 after a disappointing holiday season. According to the NPD Group, overall retail sales increased 9.0 percent year-over-year in February, while hardware sales experienced a 42.0 percent growth. "The majority of hardware platforms experienced double-to-triple digit increases compared to January 2014," says NPD analyst Liam Callahan in a statement. Here is how some video game companies reacted Tuesday:

Activision Blizzard, Inc. (NASDAQ: ATVI) shares traded in the range of $20.50 to $20.74 Tuesday before settling to close at $20.59, an increase of 0.48 percent. The stock appears to be facing some resistance at the $88.73 and $89.75 levels with some support at $87.90 and $86.12. Shares of Activision Blizzard are up approximately 15.0 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 $28.95 to $29.59 Tuesday before settling to close at $29.29, an increase of 1.0 percent. The stock appears to be facing some resistance at the $29.52 and $30.83 levels with some support at $28.31 and $26.38. Shares of Electronic Arts are up approximately 27.0 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 $17.92 to $18.25 Tuesday before settling to close at $18.25, an increase of 3.40 percent. The stock appears to be facing some resistance at the $19.01 and $19.57 levels with some support at $17.63 and $16.66. Shares of Sony have gained approximately 5.0 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 $21.19 to $21.93 Tuesday before settling to close at $21.24, a decrease of 1.35 percent. The stock appears to be facing some resistance at the $21.63 and $22.47 levels with some support at $20.93 and $20.40. Shares of Take-Two Interactive are up approximately 22.0 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

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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: editor@wallstreetfundamentals.com

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