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Posts tagged stock-market

Elite: Dangerous studio Frontier Developments set to go public

Frontier Developments, known around these parts as the studio behind crowdfunding success story Elite: Dangerous, is about to enter a different brave new world: that of the London Stock Exchange. The company is set to launch its IPO on July 15th with around £4 million ($5.9 million) in...

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Nexon invests $687M in NCsoft, becomes largest shareholder

MMO competitors and countrymen-in-arms Nexon and NCsoft are closer than ever today, as Nexon has acquired a minority interest in its fellow company. The move makes Nexon NCsoft's largest shareholder. Nexon announced that it had invested in NCsoft by snapping up 3,218,091 shares in a private...

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Subscriber numbers lead to a new hope for Electronic Arts stock

It's official: As of yesterday, Star Wars: The Old Republic has 1.7 million active subscribers and has sold 2 million copies. That's good news for fans of the game, but it's also good news for both BioWare and Electronic Arts. Apparently, it's seen as very good news for Electronic Arts, as the...

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Electronic Arts stock drops because of SWTOR fumbles

Electronic Arts' stock appears to be in a bit of trouble following Star Wars: The Old Republic's launch. The company's shares fell by almost 3% to $17.75 US this morning after a stock analyst working with Brean Murray Carret & Co. "cut his price target on the stock to $22 [US] from $28...

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Trion Worlds may go public following RIFT's success

Want to own a piece of your favorite MMO studio? If you're a fan of Trion Worlds, then you may yet get your chance. The company announced that it is mulling over a decision to put the company on the market with an IPO. CEO Lars Buttler says that it's just a matter of time at this point: "As we...

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Rise and Shiny recap: Monster Forest

Monster Forest, brought to us by Asiasoft, is a deceptive little game. First of all, it feels so freshly translated that there are still bits of foreign language clinging to quest text and character speech. But the sheer amount of little games and systems involved makes me feel like I am...

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Could EA's history make investors wary about SWTOR?

According to a report on Gamasutra, investors have been slow to support Electronic Arts in its latest MMORPG endeavor, Star Wars: The Old Republic. The article released today cites Janco Partners analyst Mike Hickey as saying, "We believe many investors are betting against SWTOR achieving market...

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Online gaming rakes in over $14.5 billion in 2010

Parents of many of the gaming industry professionals would scold them by saying, "You can never make a living playing video games." The industry overcame that stigma many years ago, but online gaming still carried that stench of worthlessness. However, that is no longer the case. ABI Research of...

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Trion CEO introduces MMO investing to Bloomberg TV

Have you ever wondered where to invest your savings for the future? Have you thought about the MMO market? Apparently, multimedia companies like Time Warner, NBC Universal, and Bertelsmann believe it is worth their money. These three media giants have invested over $100 million into Trion Worlds,...

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The Daily Grind: Do you play the MMO stock market?

Ahhh, the stock market: The yo-yo that makes people jump for joy or jump off twenty-story buildings. Playing it can be just as exhilarating, frightening, and expensive as a high-octane weekend bender in Free Realms. Well, almost... With the quote-unquote Global Economic Crisis we've been going...

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