Video game stocks retreat on game pricing worries

Iria · May 30, 2006, 04:42 PM

Source: Yahoo! News
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Shares of video game companies slipped on Tuesday as analysts debated whether price cuts on games for Microsoft Corp.'s Xbox 360 are a signal that profit expectations for the new video game console cycle may be too high.

Shares of Electronic Arts Inc., the world's biggest video game publisher, fell 4 percent. The stock in smaller rival THQ Inc. was off 3 percent and No. 1 U.S. video game retailer GameStop saw its shares decline 2.6 percent.

May 30, 2006, 04:42 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	Video game stocks retreat on game pricing worries Source: Yahoo! News ___________ Shares of video game companies slipped on Tuesday as analysts debated whether price cuts on games for Microsoft Corp.'s Xbox 360 are a signal that profit expectations for the new video game console cycle may be too high. Shares of Electronic Arts Inc., the world's biggest video game publisher, fell 4 percent. The stock in smaller rival THQ Inc. was off 3 percent and No. 1 U.S. video game retailer GameStop saw its shares decline 2.6 percent.