In our daily look at the stocks we find interesting, Giga Gamez tries to keep you guys up to date on what’s happening in the market. As always, we’re happy to hear suggestions on new stocks to include or any juicy tidbits that we may have missed.
Notes for the day: The9 and Shanda saw significant drops today, much moreso than the rest of the stocks we follow, due to weaknesses in the worldwide market. Expect to see The9 and Shanda to rise again shortly. Take-Two gains a bit back today, and I imagine this is a trend that will continue up to March 29th, when the new trailer for Grand Theft Auto IV is released. Overall the market slumped today. Here’s a CNN Money report that can shed better light on that.
Previous Close: 27.76
Overall: DOWN 0.21
Previous Close: 49.43
Overall: DOWN 0.43
Last traded at 32.00 on March 5
Overall: DOWN 1.65
Advanced Micro Devices (NYSE:AMD)
Previous Close: 14.18
Overall: DOWN 0.23
Notes: AMD is a processor manufacturer that owns the graphics card company ATI. ATI graphics cards are in constant competition with Nvidia Corp.
Nvidia Corp. (NASDAQ:NVDA)
Previous Close: 29.77
Overall: DOWN 1.01
Notes: Nvidia is a graphics card manufacturer. They are in constant competition with AMD’s ATI.
Previous Close: 23.01
Overall: DOWN 1.19
Notes: The reason that Shanda is listed in our stock reports is that they’re the people behind the highly popular Asian MMO Legend of MIR II, which, according to MMOG Charts, has a PCU (Peak Concurrent User) base of 1 million.
Previous Close: 19.91
Overall: DOWN 0.78
Notes: Netease is the company behind Fantasy Westward Journey, a popular Asian MMO, which, according to MMOG Charts, has a PCU of almost 1.3 million.
The9 Limited (NASDAQ:NCTY)
Previous Close: 33.15
Overall: DOWN 2.25
Notes: The9 is a MMO company in China, that imports and localizes other MMOs such as World of Warcraft, Guild Wars and Hellgate: London.
Last traded at 6.60 on Feb. 27
Overall: DOWN 0.25
Notes: GameLoft is a large producer of mobile games.
Nokia Corp. (NYSE:NOK)
Previous Close: 21.14
Overall: DOWN 0.12
Notes: Nokia, the mobile phone company, has always had a strong gaming presence. Though the original N-Gage failed, there’s a new attempt at the N-Gage technology currently being developed.
Electronic Arts (NASDAQ:ERTS)
Previous Close: 49.10
Overall: DOWN 0.15
Notes: Electronic Arts is pretty self-explanatory as they’re a giant publisher. Also included with EA is their mobile games.
Previous Close: 17.09
Overall: UP 0.39
Notes: Take-Two is a large publisher that controls the Grand Theft Auto franchise. Recently, Take-Two has had a few problems with their executive team.
Previous Close: 31.74
Overall: UP 0.12
Notes: Publisher behind Company of Heroes, Supreme Commander and Titan Quest as well as a number of successful franchises. Another note about THQ, according to this report on Next Gen yesterday, THQ may be set to “take off.”
Vivendi Universal (OTC:VIVEF.PK)
Last traded at 38.15 on March 2
Overall: DOWN 0.35
Notes: French publisher and owner of Sierra. Also known for mobile gaming and being the publisher behind World of Warcraft.
Ubi Soft (OTC:UBSFF.PK)
Last traded at 41.75 on March 1
Overall: DOWN 2.90
Note: Publisher behind the Tom Clancy games and a few interesting mobile properties.
Walt Disney Co. (NYSE:DIS)
Previous Close: 33.95
Overall: DOWN 0.23
Notes: Multimedia giant, Disney, has their fingers in just about every pie.
Time Warner (NYSE:TWX)
Previous Close: 19.93
Overall: DOWN 0.20
Notes: Time Warner’s Warner Bros. has several gaming properties and licensed materials as well as GameTap.
Verizon Communications (NYSE:VZ)
Previous Close: 36.48
Overall: DOWN 0.35
Notes: Verizon is on the list not only as a cell phone network, but also as a gaming platform.
Viacom, Inc (NYSE:VIA)
Previous Close: 39.17
Overall: DOWN 0.09
Notes: Viacom is the parent company of MTV and all of the MTV properties, which includes Nickelodeon.
Quick Reference of Terms:
Over the Counter (OTC): This is a term used to notate that a stock is traded via a non-major market.
Pink Sheet (.PK): The suffix attached to a stock when it is traded on the Pink Sheets Electronic Quotation service, which is known as a OTC market.