February
25
THQ, Midway, Atari stocks surge on EA's bid for Take-Two
Looks like I'm not the only one who thinks that EA's bid for Take-Two signifies a period of consolidation coming to the videogame business. Take a look at the performance of several small and mid-sized publishers' stocks Monday, none of whom had any news of their own:
THQ: Up 10% to $9.65
Midway: Up 7% to $2.19
Atari: Up 13% to $1.61
Anybody want to take bets on how many of those companies, along with some European publishers like Eidos and maybe even Ubisoft, will still be independent a year from now?
Chris Morris reports on the business and culture of video games and offers analysis of recent events and industry trends.
Subscribe to this blog's feed
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfc7553ef00e550906df18834
Listed below are links to weblogs that reference THQ, Midway, Atari stocks surge on EA's bid for Take-Two :