Sega leads game company revival on the exchange
Games bounce back to the relief of shareholders
Sega shares have again surged on the world’s stock exchanges, jumping by 10% overnight. The price closed at an all time company high of $19.
This follows investment consultant firm Morgan Stanley upping its rating for Sega from ‘buy’ to ‘strong buy’.
Morgan Stanley also upped its ratings for Namco, Nintendo and Capcom.
Videogame companies are bouncing back from the mini-crash that followed the September 11th terrorist action quite well. As the bigger companies consolidate their positions in the run up to Christmas, the rest of the technologies sector is floundering in comparison.
This follows investment consultant firm Morgan Stanley upping its rating for Sega from ‘buy’ to ‘strong buy’.
Morgan Stanley also upped its ratings for Namco, Nintendo and Capcom.
Videogame companies are bouncing back from the mini-crash that followed the September 11th terrorist action quite well. As the bigger companies consolidate their positions in the run up to Christmas, the rest of the technologies sector is floundering in comparison.
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