Video game company fall into the stock market - Ultimate Guide

By Ambar Jimenez | 2019-02-07 15:37:44

The videogame companies were these days making public the financial results that they obtained between the months of March and December of the year 2018, which correspond to the first three quarters of the fiscal year. And the stock exchanges reacted these publications, having falls of up to more than 10% .
Take-Two with one of the highest percentages collapsed 13.76%, Electronic Arts fell 13.31%, Activision Blizzard lost 10.12% and Ubisoft 9.53%. Several Japanese companies were also affected, for example, Bandai Namco which fell 8.25% or Capcom with 6.01%.

stock market

Many of these losses are a little predictable, for different situations. Electronic Arts for its part disclosed resolved that was below what was estimated, which clearly justifies its fall in the stock market, have Battlefield 5 that you had as many consumers as were believed, and shareholders do not take into account yet successes, as free to play Apex Legends. In July, EA reached its historical maximum, and cautro months later in November lost 45%, equivalent to 20,000 million dollars.

Take-Two, yesterday published that Red Dead Redemption 2 sold about 23 million copies and also an income of more than 1200 million dollars, and even so its fall was rougher, with a percentage of 13.76 as mentioned by the most remarkable.

The console manufacturers also took a whip for the bag. the company Nintendo showed not having the expected sales, logical after carrying more than 32 million switches sold, on the other hand is Sony with more than 100 million PS4, and also being the most sold console last year, also had losses by lower the number of buyers of the console, which is expected to be in its fifth year available in the market and when it is very close to the debut date of a successor.

The reason that these publications economically affect the reputation of the companies is some cases is clear, as EA who did not publish the expected results, but often depends on other factors, perhaps due to a series of factors agenos, such as different trends, or agents that are more related to the parameters financed and endless things, which may affect.

After seeing these losses occurred yesterday susecivas can be called black Wednesday for the world of videogame. Even many other companies not related to video games have been falling in the stock market for an "economic slowdown" around the world and several economic analysts talk about a recession for this 2019, and a possible crisis in 2020, which we hope is only speculation.

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