Michael Pachter

Activision Blizzard was filled with excitement this morning when it announced that Diablo 3 had become the fastest-selling PC game of all time. But the company failed to realize that Diablo 3's success could come at the expense of its former cash cow, World of Warcraft. "The numbers were pretty...

The online game developer, Zynga (NASDAQ: ZNGA), has been a battle ground stock since its IPO in December, 2011. Bearish traders and analysts have been concerned of the company's dependency on Facebook, whereas the bulls' thesis has been that Zynga's valuation should be 12% of Facebook's valuation...

Wedbush analyst Michael Pachter appeared on CNBC earlier to discuss the upcoming Yelp IPO. The website is set to price its initial offering at $12-14 a share. Pachter said that Yelp had a lot of potential growth, as only 16,000 business currently pay for coverage. In total, Yelp has a potential...

Details of Facebook's IPO have been leaking to investors this week, increasing the hype for the social networking titan. It has recently reached a $100 billion valuation, prompting some investors to question if the company is capable of producing results. To learn more about Facebook's potential,...

Netflix (NASDAQ: NFLX) reported poor earnings one week ago, unsettling many of its investors. The nail in the coffin for many investors was Netflix's dismal guidance, which saw fourth quarter EPS of $0.36-$0.70 while analysts estimated an EPS of $1.09. The stock promptly fell off a cliff, and...

Thanks to a $5 million investment from Earlybird Venture Capital, Peak Games is on point to emerge as one of the leading social media companies in emerging markets. Aimed at fostering continued growth in some of the fastest-growing markets in the world – including Turkey and MENA (Middle East...

Did investors overreact to low review scores of THQ's (NASDAQ: THQI) Homefront? On Wednesday afternoon, THQ announced that its long-awaited first-person shooter had sold approximately 375,000 units on the first day of release. While this announcement was not an official “take that!” from company...

On CNBC's Fast Money 360, Michael Pachter of Webush said that RadioShack Corporation (NYSE: RSH) is overvalued. He thinks that cellphone sales look strong, but all the other concepts of their business is declining. Mr. Pachter thinks that Best Buy (NYSE: BBY) won't buy RadioShack (RSH), and he is a...

Electronic Arts Inc. (NASDAQ: ERTS) reduced its fiscal 2010 forecast as a result of weak holiday sales in Europe and a shift to its lower-margin distribution business, sending shares of the video game publisher down 8 percent. The share price closed at $18.27. Michael Pachter, an analyst at...