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Activision Blizzard Rallies On Strong Q4 Report, 2021 Guidance
Thursday, February 4, 2021 - 4:45pm | 428Read More...Video game maker Activision Blizzard reported fourth-quarter and full-year earnings after the market close Thursday. What Happened: Fourth-quarter revenue was $3.05 billion for Activision Blizzard Inc (NASDAQ: ATVI). The figure beat street estimates of $2.83 billion. Fourth-quarter EPS of $1....
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Playtika IPO: What Investors Need To Know
Friday, January 15, 2021 - 1:13am | 411Read More...Playtika Holding Crop (NASDAQ: PLTK) is set to go public on Friday. The Offering: The mobile gaming company priced 69.5 million shares at $27 each in its initial public offering late Thursday — ahead of its previously-indicated range of $22 to $24. The company is valued at...
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Unity Software Analysts Assign Triple-Digit Price Targets On Gaming Strength, Future Growth Verticals
Tuesday, October 13, 2020 - 2:06pm | 662Read More...Unity Software (NYSE: U) saw a string of bullish calls from analysts initiating coverage Tuesday thanks to the company’s growth potential outside of its gaming business. Unity Analysts On Its Gaming Platform: Unity has relationships with many of the top gaming companies, including...
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Unity Software IPO: What Investors Need To Know
Friday, September 18, 2020 - 7:04am | 559Read More...This week’s hot IPO market will continue on Friday with the largest platform for creating video games going public. The Filing: Unity Software (NYSE: U) is planning on selling 25 million shares. The company will trade on the NYSE with symbol U. The company had originally planned a pricing...
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Why Sea Limited Is Up 240% This Year And Worth More Than Activision, Nintendo
Monday, September 14, 2020 - 6:45am | 644Read More...Singapore tech company Sea Limited (NYSE: SE) has seen its shares surge in 2020 thanks to its dominant position in video games and growing e-commerce business. About Sea Limited: Sea Limited operates with three main business segments. Garena is a developer of games and an esports organizer. Shopee...
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Zynga CEO Talks Mobile Game Developer's Outlook, Coronavirus Disruption
Thursday, May 7, 2020 - 2:53pm | 465Read More...Mobile video game developer Zynga Inc (NASDAQ: ZNGA) reported first-quarter results Wednesday at a time when people have "turned to games like they never had before," CEO Frank Gibeau said on CNBC's "Squawk Alley." Zyga CEO On The Importance Of Games ...
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Why In-Game Revenue Is Key For Publishers Like Activision, Electronic Arts
Tuesday, April 21, 2020 - 2:35pm | 662Read More...Netflix Inc (NASDAQ: NFLX) is akin to a buffet where consumers pay one price regardless of how much they consume. The comparison is only "partly true" for most video game publishers, Wedbush managing director and equity analyst Michael Pachter said Monday on Benzinga's...
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Pokémon GO's 2019 Was Even Bigger Than That Year When Everybody Was Playing Pokémon GO
Friday, January 10, 2020 - 3:18pm | 339Read More...Niantic's Pokémon GO had its best year ever in 2019, even besting 2016, when seemingly everyone was running around their towns playing the game right after its launch, app tracking website Sensor Tower reported Friday. The augmented reality mobile game app generated just under $900...
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Wedbush: Zynga's Upside Potential Makes It A Top Play
Tuesday, August 27, 2019 - 10:54am | 343Read More...Online video game developer Zynga Inc (NASDAQ: ZNGA) has the potential to show notable upside versus the Street's estimates through 2021, according to Wedbush. The Analyst Michael Pachter maintained an Outperform rating on Zynga with an unchanged $9 price target. Pachter also added...
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Piper Jaffray Continues To Like Glu Mobile, Wedbush Sees Hurdles Ahead
Tuesday, February 5, 2019 - 12:24pm | 615Read More...Mobile video game developer and publisher Glu Mobile Inc. (NASDAQ: GLUU) reported fourth-quarter results Monday that prompted Piper Jaffray to turn incrementally bullish on the stock, while Wedbush highlighted expectations for a slowdown in core growth games. The Analysts Piper Jaffray's...
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An 'Exclamation Point' Deal: Analysts Bullish On Zynga After Another M&A Announcement
Friday, December 21, 2018 - 1:16pm | 497Read More...Mobile video game maker Zynga Inc (NASDAQ: ZNGA) said Thursday it will immediately acquire an 80-percent stake in the Finnish mobile game studio Small Giant Games for $560 million. The announcement has at least two Street analysts bullish on Zynga's prospects in 2019 and beyond. The Analysts...
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Zynga Is Well Positioned In The Favorable Video Game Market, Stifel Says
Friday, September 28, 2018 - 7:54am | 378Read More...Mobile and web video game maker Zynga Inc (NASDAQ: ZNGA) is well positioned to take advantage of favorable industry trends and investor confidence should increase in the near-term as management is expected discusses its pipeline of new games, according to Stifel. The Analyst Stifel's Drew Crum...
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Barclays Names 4 Reasons To Be Cautious On Zynga
Thursday, August 9, 2018 - 10:25am | 470Read More...Mobile game maker Zynga Inc (NASDAQ: ZNGA) deserves plenty of credit for nearly tripling its EBITDA in 2017 and and improving its cash flow, according to Barclays — but a bearish thesis is still warranted, according to Barclays. The Analyst Barclays' Ryan Gee initiated coverage of Zynga...
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4 Views On How To Play Activision Blizzard Post-Earnings
Friday, November 3, 2017 - 1:59pm | 793Read More...Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) hit a new all-time high of $67.03 Friday morning before returning all of the daily gains and then losing an additional 4.5 percent in reaction to the company's third quarter earnings report. Here is a summary of what some of Wall Street's...
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Nintendo's Stock Fell After The Release Of 'Super Mario Run': This May Explain Why
Friday, December 16, 2016 - 9:13am | 417Read More...Shares of Nintendo Co., Ltd (ADR) (OTC: NTDOY) took a hit immediately following the release of its newest mobile game "Super Mario Run." On Thursday, the stock's American-listed ADR fell more than 3 percent to close the day at $29.35, while the stock's Tokyo-listed equity (TYO: 7974) fell 4 percent...
