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Shares in Video Game Stocks Drop Sharply

Shares in video game publishers fell sharply with the re-opening of the stock market on Monday, as investors sold on fears of weaker sales in the holiday season and concern that the stocks were overvalued after their increase earlier this year.
Shares in game larger video game publishers such as Electronic Arts were down more than eight percent at $49.84. While much sharper losses were seen for Infogrames, down 13 percent at $4.70, Take-Two Interactive down 16.5 percent, and Acclaim Entertainment down 15.8 percent. Interplay Entertainment, in the midst of a corporate reorganization, experienced an increase in shares 4.2 percent at 50 cents.

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