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Investor snapshot: EA shares keep heading south
Investor snapshot: EA shares keep heading south-October 2024
Oct 22, 2024 11:10 AM

  Game stocks held steady on Friday, and not even healthy PSP sales were able to boost the sector this week.

  Electronic Arts (ERTS) shares tumbled $1.30 in today's trading, closing at $51.06. Electronics Boutique (ELBO) shares fell 70 cents to $42.30, and shares in GameStop Corp. (GME) closed 21 cents lower at $21.78. THQ Inc. (THQI) shares dipped 20 cents, closing at $28.84. Shares in Atari (ATAR), Take-Two Interactive (TTWO), and Activision (ATVI) lost less than a dime apiece.

  Jamdat Mobile (JMDT) shares climbed 63 cents to close at $16.50 Friday, and shares in Vivendi Universal (V) rose 15 cents to $31.21. Eidos (EIDSY) shares, which skidded yesterday following news that SCi is edging closer to a buyout, traded 4 cents higher at $1.25. Shares in Konami and Midway were both flat in the day's trading.

  In the overseas markets, shares in Nintendo continued to rise Friday, gaining 140 yen ($1.29) to close at 12,240 yen ($113.14) on the Japanese exchange. Ubisoft shares, traded in Paris, closed .44 euros (57 cents) higher at 31 euros.

  Despite a run of positive movement this week, the Dow Jones Industrial Average fell 84.98 points Friday to close at 10,461.34. The Nasdaq Composite Index closed 19.44 points lower at 1,999.35, and the S&P 500 slid 9.94 points, closing at 1,181.20. All three indices finished fractionally higher for the week.

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