November Sales Review (THQI, ATVI, TTWO)
The November sales of THQ Inc. (NASDAQ: THQI) declined 34% y/y and Bank of America noted that THQ’s quarter- to-date sales are now tracking below its -5% revenue estimate for F3Q.
Activision Blizzard, Inc. (NASDAQ: ATVI) sales were up at 50% y/y. Activision Blizzard's “Call of Duty” sold over 6 million units in the US.
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) sales were up at 4% y/y. Bank of America noted that December sales for Take-Two Interactive Software could be weaker as the holiday sales was facing pressure.
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Posted-In: Bank of AmericaAnalyst Ratings