Video game stocks after the Dow Jones dips

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If you’ve been watching the market today or flipping through the news, you probably noticed that the Dow Jones Industrial Average took a huge hit. The index plunged 400 points (3%) and nearly all stocks dropped in price, including video game related stocks. Who lost the least?

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No big video game publisher stocks are up (barely any stocks are up at all), but it looks like THQ took the least hit. It’s only down 1.8%, which doesn’t seem too bad compared to Take Two (TTWO) which fell 5%. Electronic Arts (ERTS) only fell 2% and Activision dropped around 3%.

 

What about the battle between Microsoft and Sony?

 

 

It looks like Sony (SNE) is more resistant to market flux as it only dropped around 2.25% compared to Microsoft (MSFT) sinking 4% below yesterday’s price. To be fair both Sony and Microsoft sell other products than the PS3 and Xbox 360. Sony is a little more diversified with movie studios, music and consumer electronics, which would explain why it’s more of a "rock" than Microsoft.

 

Now here is where things get interesting. The graph below has three smaller publishers: Majesco (COOL), Atari (ATAR) and Webzen (WZEN). Majesco managed to creep in as the winner with only a 2.5% drop (go Cooking Mama?) inching out Atari’s 2.8% decline. Webzen has a painful decline with an 8% drop in price, making it today’s “biggest loser”.

 


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