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The PlayStation Vita, Sony’s (NYSE:SNE) new mobile gaming system, displayed disappointing numbers in the week following its worldwide Japan debut. Japanese researcher Media Create reports a drastic decline — 75% — selling only 72,749 PSVs during that crucial week before Christmas, down from 321,400 during the first two days it hit the market.
The PlayStation Vita will be released in North America, Europe and Australia on February 22, starting at $249.
Here’s how gaming stocks are reacting to the news:
Sony Corporation (NYSE:SNE): SNE shares recently traded at $18.15, up $0.47, or 2.66%. They have traded in a 52-week range of $16.16 to $36.97. Volume today was 1,896,578 shares versus a 3-month average volume of 1,324,340 shares. The company’s trailing earnings are $-4.59 per share.
Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $26.07, up $0.05, or 0.19%. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 7,938,242 shares versus a 3-month average volume of 52,352,100 shares. The company’s trailing P/E is 9.48, while trailing earnings are $2.75 per share.
Electronic Arts Inc. (NASDAQ:ERTS): ERTS shares recently traded at $N/A,. They have traded in a 52-week range of $ to $. Volume today was shares versus a 3-month average volume of shares. The company’s trailing P/E is , while trailing earnings are $ per share.
THQ Inc. (NASDAQ:THQI): THQI shares recently traded at $0.81, up $0.04, or 5.19%. They have traded in a 52-week range of $0.67 to $6.53. Volume today was 798,811 shares versus a 3-month average volume of 1,880,970 shares. The company’s trailing earnings are $-2.77 per share.
Take-Two Interactive Software Inc. (NASDAQ:TTWO): TTWO shares recently traded at $13.56, up $0.16, or 1.19%. They have traded in a 52-week range of $10.63 to $17.58. Volume today was 548,430 shares versus a 3-month average volume of 2,150,230 shares. The company’s trailing earnings are $-0.47 per share.
Activision Blizzard, Inc. (NASDAQ:ATVI): ATVI shares recently traded at $12.38, up $0.08, or 0.65%. They have traded in a 52-week range of $10.40 to $14.40. Volume today was 1,009,626 shares versus a 3-month average volume of 10,827,800 shares. The company’s trailing P/E is 19.74, while trailing earnings are $0.63 per share.
To contact the reporter on this story: Lindsey Grossman at staff.writers@wallstcheatsheet.com
To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com
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