|Bid||80.59 x 1000|
|Ask||80.62 x 1400|
|Day's Range||80.52 - 81.13|
|52 Week Range||56.40 - 86.90|
|Beta (5Y Monthly)||0.52|
|PE Ratio (TTM)||23.93|
|Earnings Date||May 02, 2022 - May 06, 2022|
|Forward Dividend & Yield||0.47 (0.59%)|
|Ex-Dividend Date||Apr 13, 2022|
|1y Target Est||94.22|
Gaming companies are facing a slowdown in demand for video games from pandemic highs, raising doubts about their ability to weather an economic downturn. Rising prices and a lack of hit titles have added to problems for video game publishers Activision Blizzard Inc and Electronic Arts that are also battling supply-chain delays and a shift in consumer choices due to easing lockdowns. U.S. consumer spending on video games fell 11% in June and is expected to decline 8.7% this year, data from analytics firm NPD showed.
(Bloomberg) -- There’s no relaxing on the beach this summer for corporate acquirers -- they’ve been busy snapping up technology companies, even after a stock rally over the past two months means the sector isn’t as cheap as it was back in June. Most Read from BloombergDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsMedia Tallies Show Extremely Tight Presidency Race: Kenya UpdateMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialChina Has Painted Itself Into a Semico
Covid-19 gave the videogame industry a boost as people stayed home, but growth is slowing as people are going out again.