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Roundup: Nintendo Doubles Switch Production, GameStop Boosts Pre-Owned, And Prepare For BlizzCon 2017

|About: Nintendo Co., Ltd. ADR (NTDOY), Includes: GLUU, GME

Summary

Rumors suggests Nintendo will boost Switch production to 2 million a month

GameStop launches an aggressive pre-owned games promotion

Schedule for BlizzCon 2017 announced, including lots of esports

Glu Mobile's CFO sell 100,000 shares

Out this week: Forza Motorsports 7 (Microsoft)

Out next week: Middle-earth: Shadow of War (Warners)

Welcome to our roundup of games news as it relates to publicly-owned companies such as Activision Blizzard, EA, Glu Mobile, Take-Two, Zynga and more.

This week, more details emerge for November blockbusters Call of Duty: WW2 and Star Wars: Battlefront II, while Overwatch highlights its Halloween Terror event.

More supply chain rumors suggest Nintendo is looking to expand Switch production to 2 million a month to try to meet Holiday demand. This would be up from around 1 million earlier in the year.

And GameStop has launched an aggressive pre-owned games promotion, which offers 4 titles for as little as $10.

Activision Blizzard (ATVI)

EA (EA)

GameStop (GME)

Glu Mobile (GLUU)

Nintendo (OTCPK:NTDOY)

  • Rumors - supply chain gossip suggest Nintendo is looking to manufacture 2 million Switch consoles a month. This would be more than double its original prediction of 10 million for FY17

  • Share price - the result is Nintendo's share price continues to extend its 9 year high

Take-Two (TTWO)

Tencent (OTCPK:TCEHY) (OTCPK:TCTZF)

  • Epic Games (Tencent investment) - builder/shooter Fortnite added a free PUGB/Battle Royale mode and gained 7 million players in a week

  • Supercell (Tencent investment) - Clash Royale’s new 2v2 mode lets you play with clan mates and friends

Zynga (ZNGA)

Others

This weekly roundup is a new service I'm experimenting with. If you have any comments, please let me know.

Disclosure: I am/we are long ZnGA, GME.