Sega is best performing Japanese stock, seeing massive increase in value and market confidence

Stay at home entertainment boost sees Sega soar

Posted by Staff
Sega is best performing Japanese stock, seeing massive increase in value and market confidence
Sega is the best performing stock on the Japanese Topix index for the second quarter in a row, it was revealed today. Bloomberg is reporting that the share price has leaped a massive 135% in the past six months.

The focus of the company shifting to multi-platform development and publishing, combined with its ditching of the loss-heavy Dreamcast console production, has seen the value of the firm hit an all time high.

The company has also seen benefit from the stay-at-home mentality that has boosted entertainment technology companies over the past few months. The markets are of the opinion that people will start to want more home-based entertainment means, following the September 11th attacks. Sega, arguably the most centralized of all games producers, combined with its online savvy, has reaped huge benefit from this trend.
Companies:

Comments

Posting of new comments is now locked for this page.