Comment on CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are "very excited."

• QuaternionsRock@lemmy.world ⁨8⁩ ⁨months⁩ ago

  The charts are in percent, not dollars. It doesn’t matter that Capcom is 8 times smaller if investing $1 in it still yields a higher return on investment.

  Also, Take Two may be smaller, but… Grand Theft Auto.

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  • Jakeroxs@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

    Not true, because of stock splits

    Also all I’m looking at is market cap, it doesn’t matter what games you like from them lol

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    • QuaternionsRock@lemmy.world ⁨8⁩ ⁨months⁩ ago

      1. That’s not how stock splits are documented. The historical price per share is retroactively divided. Otherwise you’d see the share price suddenly drop by 50%…
      2. Market cap by itself is not an indicator of performance. If I invest $1 billion in a company and it’s worth $1.1 billion 10 years later, is that a better or worse return than investing $1 million in a company that’s worth $2 million 10 years later?
      3. I’m not a particularly big fan of GTA. I mentioned it because it’s the most profitable entertainment product ever created.

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      • Jakeroxs@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

        Nah because you’re fundamentally misunderstanding what “investing 1 million” would mean after a stock splits happens.

        I do this shit for a living lol

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