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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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Cyberpunk Publisher Will 'Vigorously' Defend Itself Against Investor Lawsuit
Saturday, December 26, 2020 - 1:39pm | 381Read More...Cyberpunk 2077 publisher, CD Projekt SA, is planning to defend itself “vigorously” against claims raised in a class-action lawsuit, Bloomberg has reported. What Happened: Andrew Trampe, an investor, filed a lawsuit in a federal court in Los Angeles on Thursday,...
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The Future Of Gaming Is Not In New Consoles
Tuesday, December 15, 2020 - 10:16am | 1287Read More...Historically, new product launches have been the sun around which the gaming industry operates. Take the last console cycle in 2013. Launched days before Black Friday, Microsoft Corporation’s (NASDAQ: MSFT) Xbox One and Sony Corp’s (NYSE: SNE) PlayStation 4 combined to sell over 4...
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'World Of Warcraft' Record Sales Could Make Activision's Stock Attractive Ahead Of Earnings
Thursday, December 10, 2020 - 9:05am | 567Read More...Activision Blizzard (NASDAQ: ATVI) reported some stunning numbers for its 16-year-old PC franchise. What Happened: The “World of Warcraft” PC game celebrated its 16th anniversary in November. The anniversary coincided with the release of the eight expansion of the franchise. “...
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3 Esports Execs On How COVID-19 Shifted Landscape, Growth Ahead: 'The Only Game In Town'
Wednesday, December 9, 2020 - 2:22pm | 527Read More...When the NBA suspended its season due to the coronavirus pandemic, NBA players pivoted to streaming and participated in esports competitions. That's one example of how the pandemic has affected esports, Jeff Cohen, vice president of strategy and investor relations at ...
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GameStop Reports Mixed Q3 Earnings, More Store Closures
Tuesday, December 8, 2020 - 4:35pm | 490Read More...The leading video game retailer reported third-quarter earnings after the market closed Tuesday. What Happened: GameStop Corp (NYSE: GME) reported third-quarter sales of $1 billion, which came in below consensus estimates of $1.08 billion. The company’s adjusted earnings per...
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NERD ETF Co-Founder Talks Tencent, Sea Limited, Foreign Gaming Stocks
Friday, December 4, 2020 - 8:17am | 765Read More...The Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE: NERD) owns stocks from 13 countries, including some that trade on exchanges outside of the United States. Benzinga spoke to Roundhill Investments Co-Founder Will Hershey to get his thoughts on the global esports market. ...
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How A Nonprofit Helps Veterans With Cannabis And Video Games
Wednesday, November 25, 2020 - 2:58pm | 1381Read More...This article was originally published on Weedmaps, and appears here with permission. At Stack Up, a nonprofit serving U.S. veterans across the country and the world, playing games is part of the firm's mission. Founded in 2015 by Stephen “Shanghai Six” Machuga, a...
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Fan Site Reports Thousands Of Kohl's Orders Cancelled Amid Red-Hot PlayStation 5 Orders
Sunday, November 22, 2020 - 11:10am | 253Read More...Nov. 22, 2020, screenshot of Kohl's online shopping site showing PlayStation 5 consoles out of stock A PlayStation news site for fans says Kohl's Corporation (NYSE: KSS) left thousands of customers hanging when PlayStation 5 console bundles quickly sold out at its online store during the...
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This Big Fund Manager Is Betting On Nintendo In The Video Game Console Wars
Monday, November 16, 2020 - 4:30pm | 447Read More...One of the big trends in the gaming world is the highly anticipated launches of new consoles from Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE). Investors won’t find either of those stocks in the Ark Innovation ETF (NYSE: ARKK), as manager Cathie Wood has opted to add...
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Immersion: The Thing Behind The Thing For Playstation 5
Sunday, November 15, 2020 - 2:18pm | 692Read More...Each week, Benzinga examines a stock that might be considered a little under the radar. You may have never heard of the company before, but chances are you're pretty familiar with the line of work it's in. We call these the "things behind the thing." A small-cap company could...
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Hit The GaaS With This Gaming ETF
Tuesday, November 10, 2020 - 3:40pm | 587Read More...Thanks to the cloud computing boom, information technology departments and investors alike are getting acquainted with acronyms ending in “aaS,” be it software as a service (SaaS), Infrastructure as a Service (IaaS) and more. What Happened: The gaming world has its own version: Gaming...
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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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PreMarket Prep Stock Of The Day: GameStop
Friday, October 9, 2020 - 2:32pm | 1051Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Which Video Game Console Maker's Stock Will Grow The Most By 2025?
Wednesday, October 7, 2020 - 1:09pm | 412Read More...Every week, Benzinga runs a survey to collect sentiment on what traders are most excited about, interested in or thinking about when they are managing and building their personal portfolios. This week we posed the following questions to over 400 investors and traders: Over the next five years...
