Microsoft Stock Increase from Halo 3 Nearly Matches Halo 2 Bump
With trading closed for the day on Wall Street, shares of Microsoft buoyed by today's launch of Halo 3 were up to $29.56, a 1.651% increase over yesterday's closing price. The increase doesn't quite match the grav lift of greenbacks Microsoft received from the game's predecessor Halo 2, which gave the company a 1.673% increase at the end of its November 9, 2004 launch day.
The increase can't be attributed solely to Halo 3 hype though, as talks of Microsoft investing heavily in social networking megasite Facebook have spurred investors as well.
Oddly enough, rival game giant Nintendo actually stole most of the attention of the stock market world today, closing on the Tokyo Stock Exchange with a 3.1% increase on Microsoft's own Halo 3 launch day. For the record, shares of PlayStation 3 provider Sony closed today on the New York Stock Exchange after a 1.373% decrease.
"CNBC has really been giving Halo3 alot of airtime. I haven't heard anothing about Nintendo in the..."10 Comments
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