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Activision Investors Applaud Q4 Report: What The Street Is Saying
Friday, February 5, 2021 - 5:14pm | 784Video game maker Activision Blizzard, Inc. (NASDAQ: ATVI) reported fourth-quarter results Thursday that lifted shares to a new 52-week high, while four Street analysts see further upside ahead. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok maintains an...
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Telsey Downgrades GameStop, Expects Shares To Return To A 'More Normal' Valuation
Monday, January 25, 2021 - 12:24pm | 328Shares of GameStop Corp. (NYSE: GME) soared nearly 1,000% since Telsey Advisory Group upgraded the stock in September and the run "far exceeds our high fundamental expectations." The GameStop Analyst: Joseph Feldman downgraded GameStop from Outperform to Underperform with a price...
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With Live Sports On Hold, Esports Continue Stepping Up To The Plate
Monday, April 20, 2020 - 7:45am | 658Most live sporting events have been on hold for the past month, and there’s no sign sports will be returning any time soon. In the absence of sports, leagues and their partners are turning to the virtual world to reach sports fans and even build their audience for when live sports eventually...
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GameStop Gets A Boost From Michael Burry
Thursday, August 22, 2019 - 9:24am | 394Shares of GameStop Corp. (NYSE: GME) have lost more than 70% year to date amid growing concerns the market for video game retailers will continue to fall. However, at least one notable investor is optimistic about the company's outlook. What Happened Hedge fund manager Dr. Michael Burry,...
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Pro: Why The Video Game ETF Isn't Very Popular
Saturday, September 29, 2018 - 9:44am | 409Video game exchange traded fund ETFMG Video Game Tech ETF (NYSE: GAMR) is among the most underrated ETFs — an undeserved distinction, according to Bloomberg's Eric Balchunas. What Happened A disconnect exists between the $130-million market cap of the video game ETF and the $130-billion...
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Piper's Earnings Preview For Gaming Sector: 3 Stocks At Overweight
Monday, October 24, 2016 - 3:29pm | 508Video gaming companies are on deck to report their quarterly earnings results, and Michael Olson of Piper Jaffray offered his take in a research report. Electronic Arts Electronic Arts Inc. (NASDAQ: EA) (reporting November 1) is expected to report an in-line quarter even though September's NPD...
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Activision Skips The E3 Floor, Accomplishes More With A Tweet
Thursday, June 16, 2016 - 10:52am | 229Gerrick Johnson of BMO Capital Markets recently met with Activision Blizzard, Inc. (NASDAQ: ATVI)'s management team at the E3 video game exposition and detailed his discussions in a research note on Thursday. Johnson stated that the highlight of Activation's E3 presence was not from the show floor...
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Evan Wilson Offers Video Game Update, Offers Takeaways From GameStop Expo
Thursday, September 3, 2015 - 10:50am | 395Evan Wilson of Pacific Crest attended GameStop Corp. (NYSE: GME) exposition on Wednesday in which he observed "plenty of buzz and excitement" around the upcoming video game release slate. Wilson said that the exposition reinforced his prior thesis that 2015 will be the year when...
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BB&T Discusses GameStop's Beat And Raise
Monday, June 1, 2015 - 11:30am | 364In a report published Friday, BB&T Capital Markets analyst Anthony Chukumba reviewed GameStop Corp. (NYSE: GME)'s first quarter "beat and raise" print. "We were particularly impressed by GameStop's new video game software sales growth, which was the strongest since...
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Sterne Agee: Video Games A 'Bright Spot' Over Thanksgiving Weekend
Tuesday, December 2, 2014 - 10:30am | 209According to Arvind Bhatia of Sterne Agee, video game sales remained a "bright spot" during Thanksgiving weekend based on the analyst's checks. Bhatia notes that Black Friday traffic at GameStop Corp. (NYSE: GME) may have been lower this year compared to last year, but this doesn...