|Bid||71.01 x 1200|
|Ask||71.99 x 800|
|Day's Range||71.20 - 73.50|
|52 Week Range||55.41 - 79.63|
|PE Ratio (TTM)||198.47|
|Earnings Date||Aug 1, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||0.34 (0.51%)|
|1y Target Est||75.88|
"Mad Money" host Jim Cramer sits down with Take-Two Interactive Software Chairman and CEO Strauss Zelnick for an update on the video game space. Zelnick reiterates his belief that Fortnite will help the whole industry rather than hurt sales. "There seems to be a good deal of evidence that those who are playing 'Fortnite' are new to the category," Zelnick told CNBC in an interview with "Mad Money" host Jim Cramer.
When investors think of video-game-maker stocks, names like Activision Blizzard, Inc. (NASDAQ:ATVI) or Electronic Arts Inc. (NASDAQ:EA) come to mind. The former is the outfit behind the popular Call of Duty franchise, and the latter dominates the sports games market. Epic Games, backed (more or less) by China’s Tencent Holdings Ltd (OTCMKTS:TCTZF), rarely works its way into the discussion, though.
Morgan Stanley has released a massive study that identifies 30 stocks representing their "best long-term picks based on sustainability and quality of business model." They add, "Our Chief U.S. Equity Strategist, Michael Wilson, recently reiterated his view that we are likely to see a rolling bear market across individual stocks and sectors that results in a choppy, range-trading index for years—an environment in which stock-picking will clearly become more important." This is the first of two articles that Investopedia will devote to that study. Among the 30 stocks recommended by Morgan Stanley are: Activision Blizzard Inc. ( ATVI), Alphabet Inc. ( GOOGL), Constellation Brands Inc. ( STZ), BlackRock Inc. ( BLK), The Bank of New York Mellon Corp. ( BK), The Charles Schwab Corp. ( SCHW), JPMorgan Chase & Co. ( JPM), and Northrop Grumman Corp. ( NOC).
Activision Blizzard earned thumbs up from Wall Street analysts on Friday for its highly anticipated video game, "Call of Duty: Black Ops 4."
Activision Blizzard (ATVI) is including a battle royale (BR) game mode called "Blackout" in the highly anticipated Call of Duty: Black Ops 4 game that is set to release on Oct 12.
Activision Blizzard Inc. said Thursday that it would release "Call of Duty: Black Ops 4" on Oct. 12 and that the game would feature a battle-royale mode like the one that can be found on "Fortnite," a popular free game. "We believe the use of 'Call of Duty' intellectual property could differentiate Blackout from Fortnite and other competitors," wrote Piper Jaffray analyst Michael Olson. "We also believe 'Call of Duty' has the advantage of an already large and enthusiastic player base that was reinvigorated with last year's 'Call of Duty: WWII.'" Activision shares ended up 1.9% in Thursday trading.
On Thursday Activision Blizzard said it will include a battle-royale game mode called "Blackout" in "Call of Duty: Black Ops 4."
In recent releases, Activision has taken its Call of Duty franchise into space
It’s time to soldier up because Black Ops is back! The series which has become the most played in Call of Duty® history as well as a cultural phenomenon around the globe returns October 12th with the release of Call of Duty®: Black Ops 4, a gritty, grounded, all-out combat experience. Black Ops 4 raises the bar for Multiplayer mode that increases tactical gameplay and player choice, along with the biggest Zombies offering ever with three full experiences at launch, and Blackout, where the Black Ops universe comes to life in a massive battle royale experience featuring iconic characters and locations from all four Black Ops games in a one-of-a-kind offering that is uniquely Black Ops. Published by Activision and developed by award-winning studio Treyarch, Call of Duty: Black Ops 4 transforms the established universe played by hundreds of millions of fans with the largest gameplay experience ever created in the series.
As of this writing, TTWO stock is up 3%! I have to say, it’s impressive to watch a stock undershoot analysts’ earnings, revenue and guidance expectations for the year fall one minute and rally the next. Its Grand Theft Auto Mobile title saw some big numbers, as did its NBA 2K18 and WWE 2K18. Another may be that in the fourth quarter of this year, its much-anticipated launch of Red Dead Redemption 2 — as well as new NBA and WWE games — hits the market.
Dow Jones futures fell Thursday. Cisco Systems and Take-Two Interactive, both near buy points, fell on earnings. Loxo Oncology spiked on cancer drug trial data.
Videogame publisher Take-Two Interactive Software Inc reported fourth-quarter revenue that missed Wall Street estimates, as increasing competition from games in the "battle royale" genre such ...
This week’s Destiny 2 reset brought something rather interesting with it, a new quest from Ana Bray, part of the “Nascent Dawn” questline that is leading uh…somewhere, I guess. Opening week of Warmind had part one, but now there’s a second phase of the quest you can get if you visit her again on Mars. This week’s quest has you collecting Valkyrie kills, which you can get pretty easily at any of the Warsat public events in either zone, and you can turn in Rasputin armory codes for more if you want.
Activision Blizzard, Inc. (NASDAQ: ATVI ) has huge potential ahead, thanks to faster-than-expected growth in eSports and continuing momentum. The Analyst Morgan Stanley analysts led by Brian Nowak maintained ...
Earlier this week, Electronic Arts Inc. (NASDAQ:EA) reported its fiscal fourth-quarter earnings results. Analysts are applauding the quarter, raising price targets left and right since the report. The highest price target, from Wedbush Securities, sits all the way up at $158, implying almost 20% upside from current levels.
Bethesda is slated to release a new game. On Monday, Bethesda Softworks LLC officially dropped the trailer for Rage 2. Sorry, Bethesda fans, sounds like any news about Bethesda's more popular games will have to wait 'til E3.
Red and gold are the colors of victory as the Rouge et Au of Laval University have claimed the Heroes of the Dorm® National Championship, including the top prize of full tuition for its five players for the remainder of their collegiate careers. The North American collegiate esports tournament for Heroes of the Storm®, the dynamic battle arena title from Blizzard Entertainment, culminated at Blizzard Arena Los Angeles in Burbank, California and crowned its first Canadian champion. The Rouge et Au were flawless in their run through the Heroic Four, sweeping teams from the University of Kentucky and the University of Buffalo in the semifinals and finals, respectively.
If you’re not sure what to make of “Fortnite,” the videogaming phenomenon that has become shorthand for battle-royale gaming, perhaps it would help to think of it like Netflix. “The emergence of Netflix didn’t kill off television viewership, but served to expand overall consumption of filmed content while taking some modest share from broadcast television viewing,” they wrote. “Similarly, we think that Fortnite has grown the overall gaming audience, while partially cannibalizing engagement in other games.” The battle royale genre, which has boomed in the U.S. over the last several months, has led videogame industry investors to wonder what effect games like “Fortnite”—free to play, with in-game purchases—might have on traditional titles purchased as one-offs or via subscription.