MCV/DEVELOP News, events, research and jobs from the games industry
Shares in the rejuvenated GAME have reached a record high of over 300p today. That gives it a market cap of 510m. The lucky customers who were offered 100 in virtual loyalty shares were from last week able to cash them in. Their final value, which is tied to GAME’s …
Read More »GAME arrives on the London Stock Exchange
UPDATE:GAME has contacted MCV with two points of clarification: 1. Elliot Advisors’ current share isn’t 99 per cent – it is 60 per cent. 35.5 per cent is now accounted for by the free float and 3 per cent for management/staff. 2. Elliot Advisors has already received the windfall payment, …
Read More »Facebook share price continues to fall
Having seen $10bn wiped off its value yesterday, Facebook has again got off to a troubled start on the markets today. Following its acquisition of Oculus for $2bn on Tuesday night, Facebook saw a seven per cent decline in its share price throughout yesterday, falling from $64.65 at the start …
Read More »Share price tumbles as Future issues profit warning
Media group Future has seen its share price tumble following its recent profits warning. On Friday it warned shareholders that profits will be significantly below” expectations once again in its next report, leading to 30 per cent of its value being slashed on the markets. At the end of the …
Read More »Nintendo’s share price tumbles; Down 83% compared to 2007 peak
18 per cent was wiped off the value of Nintendo o the Tokyo Stock Exchange following last week’s turbulence. The company’s share price opened at 12,180 this morning having closed at 14,645 on Friday. Nintendo’s price is down 25 per cent compared to the 16,130 it was trading at on …
Read More »Apple shares fall to 11 month low
News of a decline in demand for iPhone has seen Apple’s share price fall to its lowest point in nearly a year. Apple’s share price fell 3.6 per cent to $501.75 yesterday – a 28 per cent fall since its September 2012 high. Bloomberg reports that Apple has ordered just …
Read More »Nintendo shares drop 83% in under four years
Investors have reacted negatively to Nintendo’s Tokyo 3DS showcase, with the company’s share price falling five per cent overnight. Nintendo yesterday unveiled a host of new 3DS goodies, including a new Pink console SKU for Japan and a Red model for Europe. Key titles such as Super Mario 3D Land …
Read More »Apple shares fall 5% on Jobs resignation
No company is reliant on just one man – particularly the biggest tech company in the world. But so iconic has Steve Jobs become that Apple saw around 10bn wiped off its value last night. The falls, of course, follow news of Steve Jobs’ resignation as CEO as he continues …
Read More »Nintendo shares climb as 3DS redesign rumours emerge
Pinches of salt at the ready. French site 01net, which has a mixed history of reliability in these matters, has claimed that Nintendo is working on a shock early redesign for its 3DS handheld. It claims that the company will in 2012 launch a brand new version of the machine …
Read More »GAME shares hit 8 year low
Having effectively issued a profit warning yesterday morning, shares in Europe’s largest video games retailer GAME have dropped to their lowest point in over eight years. At the end of trading yesterday the chain’s shares closed at 38.25p. Its current market cap stands at 131.64m. You have to go all …
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