Activision Now The Only Game Publisher On The NASDAQ-100
Activision Blizzard and Electronic Arts are the two biggest video game publishers in the world. But as of now, only one makes the grade to be part of the NASDAQ-100 list.
Both Activision and EA were on the list of the largest domestic and international non-financial companies at the start of this year, but EA's shares began their decline almost immediately. From a high of $21 to a low of about $11 this past summer, shareholders haven't been too happy. The only good news is that the price has rebounded to about $15 since then.
But this still means that in the recent NASDAQ-100 relisting, Activision is the only remaining game publisher in the elite group. Other significant companies that slipped out of the top 100 are Netflix and Green Mountain Coffee Roasters. Perhaps it's no surprise to see Activision still doing well worldwide, as the recent Call of Duty: Black Ops II was yet another billion-dollar blockbuster and offering an online Call of Duty iteration in China has helped as well. Skylanders Giants is another money-maker for the company. Those freakin' toys are everywhere.
For EA, they can look forward to the likes of Dead Space 3 in February, among others. Obviously, Medal of Honor: Warfighter didn't really help their cause... Perhaps Battlefield 4 is more necessary than ever.
12/17/2012 10:49:17 AM Ben Dutka