Where are the Trove Gamers??! This One’s For You!🎮🖲️
This week, EA, Take-Two, Netflix & Allbirds were gaming their way into our hearts!
Hi,
How was your week?!
Ready for tomorrow? Yea, same here.
BUTTTT Who’s ready for some squid game games? Not a tautology hah! Let’s dive into this ‘gaming’ newsletter!
Gaming on Netflix
As if life’s distractions were not enough y’all!!! Netflix is now launching an apparently “much-anticipated” game section in the app. Everyone just outchea trying to squeeze the most out of 2021! First, it was Facebook’s Meta… now, this? Games, series and movies all in one app though? I ain’t never gonna get a chance to get some work done, y’all! Netflix, try to fix your selection of Nigerian movies first before this, kwa?! 😭😈
Anyways! Netflix launched five mobile games on Wednesday, two of which were based on its hit series: Stranger Things. The goal, as much as I can deduce, is for viewers to further immerse themselves into their favourite shows - I guess another type of virtual reality. The other games are Shooting hoops, Card Blast and Teeter up, all of which are categorized as for adults only. These games are free to all Netflix subscribers, will have no ads, no additional fees and no in-app purchases. So basically, every gamer’s fantasy. I’m pretty sure y’all are going to start looking for Netflix passwords hehehe
If you’re anything like me, I know you’ve run to check if you can join Eleven to battle the Demogorgon (Yes, I’m a bit of a stranger things buff).
But unfortunately, if you have an iPhone, no such luck. The games are currently only available on Android phones and tablets, with the iPhone update expected to roll out within the ‘next couple of months.
In the Android vs IOS battle, Android wins this round. Android Users 1 - 0 iPhone users.
Allbirds makes a Grand Entrance
$300 million now in the bag for Allbirds!! Ayyeee
Just casual footage of their CEO post IPO 🎉🎉...
You’re guessing who Allbirds is, right? Simply put: they are the eco-friendly version of Nike or Adidas, lol or both. [Only half kidding] Anywhos, Allbirds is a sustainable footwear brand that uses “naturally derived materials to make better footwear and apparel products in a better way." The company claims to have a 30% lower carbon footprint than standard sneakers. The six-year-old company offered 20.2 million shares in its IPO, raising more than $300 million.
Dollarzzz err’where! Newly listed shares rose above 90% on their first trading day opening at $21.21 per share, against the $15 initial public offering price.
Trove shares somebody?
EA & Take-Two are gaming the markets! 🎮🖲️🕹️🔥
Electronic Arts Inc (EA.O) and rival, Take-Two Interactive Software Inc (TTWO.O), boosted their 2021 adjusted sales forecasts as gamers kept playing the likes of "FIFA 22" and "Grand Theft Auto V" even as lockdowns eased up.
On Wednesday, EA's shares shot up nearly 3% in extended trading as it also reported an over twofold jump in quarterly adjusted sales, beating expectations thanks to a clutch of strong titles including "Apex Legends", "Madden NFL 22", and "FIFA 22". Interestingly, this comes at a time the company is considering renaming its top-selling soccer franchise "FIFA" as it reviews a rights agreement with the sport's international governing body.
Meanwhile, Take-Two raised its annual adjusted sales outlook to between $3.3 billion and $3.4 billion, citing strong demand for its key franchises "Grand Theft Auto V", "NBA2K" and "Red Dead Redemption 2." During regular trading on Wednesday, TTWO stock climbed to close at $184.16.
Nobody:
Gamers who own gaming stocks:
.
Forget not this ministry of yours: You’ve got 5 FREE SHARES WAITING FOR YOU if you tell a friend to tell a friend to:
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Me sending some vibes your way:
Your dearest and favourite Stocks Market Gist Partner,
Tomi, From Trove 🖤
XOXO