Monday, February 17, 2014

7 Largest US Multimedia & Graphics Software Company Stock Prices Down 62% Due to Financial Meltdown Spillover Effects, Then Up 211% Under Obama and the US Fed

I found 10 US Multimedia & Graphics Software Companies classified in the Technology Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each.

Of these 10 US Multimedia & Graphics Software Companies, 7 of them also had their common stocks trading on each of the following three dates:

  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 14, 2014.

The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 7 largest US Multimedia & Graphics Software Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a massive 62% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the average stock prices of these same 7 largest US Multimedia & Graphics Software Companies have increased by a robust 211% through February 14, 2014, led by San Francisco-based Glu Mobile.

Clearly, the investors in and employees of a clear majority of these 7 largest US Multimedia & Graphics Software Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.

Below here are the stock market prices of each of these 7 largest US Multimedia & Graphics Software Companies having their stocks trading on February 14, 2014, on March 6, 2009, and also on December 31, 2007:







Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Multimedia & Graphics Software Company HQs
2-14-14 3-6-09 12-31-07 2-14-14 3-6-09





Glu Mobile San Francisco CA         4.92         0.46         5.22 970% -91%
Take-Two Interactive Software New York NY       19.11         6.21       18.45 208% -66%
International Game Technology Las Vegas NV       14.97         7.47       43.93 100% -83%
Activision Blizzard Santa Monica CA       19.80       10.33       14.85 92% -30%
Electronic Arts Redwood City CA       27.58       15.31       58.41 80% -74%
Rovi Corp Santa Clara CA       22.76       15.13       18.33 50% -17%
Avid Technology Burlington MA         6.87         8.67       28.34 -21% -69%








Average % Change all 7




211% -62%

And in the chart below are the stock market prices on February 14, 2014 and on the close of the first trading date of the 3 additional US Multimedia & Graphics Software Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:







Closing






Month Price






Of On




Market
First First




Price
Trading Trading
%
Multimedia & Graphics Software Company HQs
2-14-14
Date Date
Change







SunGame Corp Las Vegas NV       32.00
Mar 2010       10.00
220%
Zynga San Francisco CA         4.87
Dec 2011         9.50
-49%
Virtual Piggy Hermosa Beach CA         1.09
Nov 2008         1.50
-27%

Of the 10 US Multimedia & Graphics Software Companies with Market Capitalizations above $100 mil, 6 of them, or 60% of them, are headquartered in California.