The video game industry is feeling the strain of slower summer sales and console transitions, with stock prices of several of the top publicly traded game publishers taking a big hit this June. With talk of options backdating becoming the next major Wall Street scandal — more than 30 companies are under investigation and several executives have already been fired — the stock market has seen some overall declines lately.
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Video Game Publishers Feel the Pinch
Posted by: Jennifer LeClaire June 19, 2006 01:38 PMThe video game industry is feeling the strain of slower summer sales and console transitions, with stock prices of several of the top publicly traded game publishers taking a big hit this June. With talk of options backdating becoming the next major Wall Street scandal — more than 30 companies are under investigation and several executives have already been fired — the stock market has seen some overall declines lately.