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Mad Catz (MCZ)

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FRI, FEB 13: Video Game Stocks Mixed, MCZ Takes a Dive

Mad Catz - MCZ falls $.13 today to $.247. Just $.13? When your stock price is that low to begin with, that’s a huge drop. GameStop - GME dropped $.74, Sony - SNE -$.92 and Activision - ATVI led the way with $.44.
Winner: Activision - ATVI
Loser: Mad Catz - MCZ

Midway Owes over $281 Million to Creditors, Mad Catz - MCZ Tumbles After Earnings

It has been told that Midway Games-MWY owes over $281 million to creditors. Leading the list of creditors owed is Wells Fargo Bank with $150,000,000. And get this…Midway Games still owes David Zucker $300,000 in severance pay after he undeservingly made around $7 million dollars in the last 2 years.
Its pretty bad when [...]