CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, amid lingering concerns about persistent inflation and
Good content is hard to find. Look at Microsoft. It is paying US$69 billion to acquire Activision Blizzard and by extension, the rights to that company’s marquee video game franchises, including Call of Duty.
That is still less risky than the alternative: building games from scratch. Budgets can balloon and all the outlay does not guarantee success. A new game can bomb and hobble the entire business, as the botched release of Cyberpunk 2077 showed. Shares of CD Projekt still trade at just about 70 percent of the high recorded before that disastrous launch.
There is another way. As Microsoft, Sony
Konami Holdings Co. (OTCMKTS:KONMY – Get Rating) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 200 shares, a drop of 60.0% from the March 15th total of 500 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio […]