Roblox and Blizzard
ROBLOX
Last year, Wall Street’s “major” investors bought shares in Roblox and Blizzard, the emerging powers of the securities industry. Ironically, the stock price of Roblox, which went well after that, plummeted, and the stock price of Blizzard, which was surrounded by various controversies, became “Tokusan”. If Simmons is wrong, it sounds like Buffett is right, but that’s not the point. The intention of this article is to find out what is the’growth power’that penetrates emerging powers from FAANG, which led the IT era. 로블록스 추천게임
Roblox Stock
If you have a lot of interest in the US stock market, you’ve probably heard the word FAANG once. Named after Facebook (now Meta), Apple, Amazon, Netflix, and Google’s bangs, it was used to refer to the five companies that have led the IT industry for the past decade. The impact of these companies is so great that FAANG’s stock price is used as a reference when grasping the flow of the US stock market in the securities industry.
By the way, the stock price of FAANG is unusual these days. Meta’s share price, which was $ 338.54 on January 3rd (local time), is now down 40.9% at $ 200.06 (March 4th). Over the same period, stock prices for Apple (-10.3%), Amazon (-14.5%), Netflix (-39.4%) and Google (-9.0%) also fell. This is why there has been a recent talk that “FAA NG is not the same as before”.
GAME INDUSTRY
The industry cites “absence of growth expectations” as the number one reason why the stock prices of these companies have begun to flutter. In the case of Meta, it was revealed through the fourth quarter report last year that the number of daily active users of Facebook (the number of pure users who used the service all day, DAU) was 1,929 million. This is a decrease of 1 million from the number of users (1.93 billion) in the third quarter of the same year.
Compared to the overall DAU, the “decrease” is nothing more than Sebal’s blood, but investors seem to have taken a keen look at this. Shortly after Meta announced its fourth-quarter 2021 results on February 3, the share price hit $ 237.76, down 26.3% from the previous day ($ 323.00).
ROBLOX GAME
in fact, Wall Street’s “big hands”also spent a lot of money to buy shares of these companies. Warren Buffett’s investment firm Berkshire Hathaway bought 14,658,121 shares of Activision Blizzard (hereinafter Blizzard) late last year. Renaissance Technologies, led by Jim Simmons, bought 754,200 shares of Roblex Corporation (hereinafter referred to as Roblex) in August last year at an earlier date.
Blizzard and Lovelocks both have something in common that they are online game developers. However, when Warren Buffett and Jim Simmons bought shares of these companies, the evaluations of the two companies were different. Blizzard has many global box office hits such as StarCraft, Diablo, and Overwatch, but has been suffering from a crisis as it has failed to release its next film that will continue its reputation over the past few years.
On top of that, stock prices plummeted in the second half of last year due to gender discrimination and sexual harassment controversy in the company. It peaked at $99.18 on June 14 last year and fell to $66.53 as of December 31.