Fortnite Stock Price: A Graphic Designer's Perspective
As a graphic designer, I am always interested in the visual aspect of things. So when I heard about the rise of Fortnite and its impact on the stock market, I couldn't help but take a closer look. In this article, I will be reviewing the Fortnite stock price and discussing its various aspects in detail.
But first, let's take a step back and look at what Fortnite actually is. For those who are unfamiliar, Fortnite is an online video game that was released in 2017. It has since gained a massive following, with over 350 million registered players as of May 2020. The game is free-to-play, but players can purchase in-game items such as skins, emotes, and battle passes. Fortnite's success has not only led to the rise of esports but has also had a significant impact on the stock market.
Now, let's dive into the topic at hand - the Fortnite stock price. In March 2018, Epic Games, the creator of Fortnite, received a valuation of $15 billion. This led to speculation that the company would eventually go public. However, Epic Games has yet to make an initial public offering (IPO). Despite this, there are still ways for investors to get in on the action.
Investing in Tencent
One way to invest in Fortnite's success is through Tencent Holdings Limited. Tencent is a Chinese conglomerate that owns a 40% stake in Epic Games. In 2018, Tencent's stock price saw a significant increase due to the success of Fortnite. The company's stock price went from HKD 400 to HKD 450 in just a few months. Tencent's success has been largely attributed to its investments in the gaming industry, with Fortnite being one of its most successful investments to date.
Impact on Other Gaming Companies
Fortnite's success has not only impacted Tencent but has also had an impact on other gaming companies. One example is Activision Blizzard, the company behind popular games such as Call of Duty and World of Warcraft. In 2018, Activision Blizzard's stock price saw a significant decline due to the success of Fortnite. The company's stock price went from $80 to $60 in just a few months. This decline was largely attributed to the fact that many players were choosing to play Fortnite instead of Activision Blizzard's games.
Future of Fortnite
As of August 2020, Fortnite's future is uncertain. The game has been removed from both the Apple App Store and the Google Play Store due to a dispute over in-app purchases. This has led to a decline in Fortnite's revenue and has had a significant impact on the game's stock price. However, Epic Games has filed a lawsuit against both Apple and Google, and the outcome of this lawsuit could have a significant impact on Fortnite's future. It's also worth noting that Fortnite has continued to release new content and updates, which could help the game regain its popularity.
Fortnite and the Pandemic
The COVID-19 pandemic has had a significant impact on the gaming industry, with many people turning to video games as a form of entertainment during lockdowns. Fortnite has been no exception, with the game seeing a significant increase in players during the pandemic. This increase in players has led to an increase in revenue for Epic Games, which could have a positive impact on the game's stock price in the long run.
In conclusion, the Fortnite stock price is an interesting topic to discuss from a graphic designer's perspective. The success of Fortnite has not only led to the rise of esports but has also had a significant impact on the stock market. Whether you're considering investing in Tencent or keeping an eye on the impact of Fortnite on other gaming companies, there's no denying that Fortnite's success has had a ripple effect on the industry as a whole.
Topic | Summary |
Investing in Tencent | Tencent, a Chinese conglomerate that owns a 40% stake in Epic Games, is one way to invest in Fortnite's success. |
Impact on Other Gaming Companies | Fortnite's success has had an impact on other gaming companies, such as Activision Blizzard. |
Future of Fortnite | The future of Fortnite is uncertain, but the outcome of Epic Games' lawsuit against Apple and Google could have a significant impact on the game's future. |
Fortnite and the Pandemic | The COVID-19 pandemic has led to an increase in players for Fortnite, which could have a positive impact on the game's stock price in the long run. |
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