Streetbeat News

PONGF

Atari SA

https://www.atari.com/

CEO

Frederic Chesnais

Industry

Software Publishers

Open

0.13

Mkt cap

59M

Volume

47K

High

0.14

P/E Ratio

-4.50

52-wk high

0.64

Low

0.13

Div yield

N/A

52-wk low

0.02

The article covers various developments in the consumer tech sector, including Microsoft's expansion of its Xbox lineup, Take-Two's announcement of Borderlands 4, and Apple's upcoming iPhone 16 launch. It also mentions regulatory challenges for AI development in California and legal issues faced by Google and Anthropic.

Portfolio Pulse from Lekha Gupta

August 26, 2024 | 10:17 am

Atari SA has announced the Atari 7800 Plus, a modern version of the classic 1980s console, featuring HDMI connectivity and backward compatibility with older game cartridges. The console, priced at $129.99, includes new wireless controllers and will be available globally in winter 2024.

Portfolio Pulse from Franca Quarneti

August 20, 2024 | 5:08 pm

Atari SA (OTC:PONGF) has acquired Intellivision, ending a long-standing rivalry in the video game industry. The acquisition includes Intellivision's brand and a library of over 200 games, but not the Intellivision Amico console project. Atari plans to expand the distribution of Intellivision games and explore new opportunities. Intellivision will retain rights to develop the Amico and will collaborate with Atari on licensing.

Portfolio Pulse from Franca Quarneti

May 24, 2024 | 5:38 pm

Atari SA (OTC:PONGF) has acquired the publishing rights for RollerCoaster Tycoon 3 and other titles in the franchise from Frontier Developments PLC (OTC:FRRDF) for $7 million. The deal, aimed at expanding distribution and exploring merchandising opportunities, includes a $4 million upfront payment and a $3 million deferred payment. Frontier Developments, facing financial challenges, plans to use the proceeds for working capital and remains optimistic with plans to release three CMS games over the next three years. Atari's stock is currently down 8%.

Portfolio Pulse from Franca Quarneti

April 03, 2024 | 6:55 pm

Atari SA (OTC:PONGF) is introducing Qomp 2, a sequel to the iconic video game Pong. The game features a two-button control scheme and includes 30 levels across four worlds. The release date for Qomp 2 has not yet been announced.

Portfolio Pulse from Franca Quarneti

August 30, 2023 | 7:26 pm

Atari SA (OTC:PONGF) has launched a new replica of their classic Atari 2600 console, the Atari 2600+, available for pre-order at $129.99. The console is compatible with both original and recently released cartridges and comes with a 10-in-1 game cartridge. Atari has also released new cartridge games for purchase. The current Atari company, distinct from the original, has faced financial challenges, including the failure of the 2021 Atari VCS microconsole.

Portfolio Pulse from Franca Quarneti

August 24, 2023 | 8:55 pm

A virtual land tokenized as an NFT sold for $2,312 in Ethereum (ETH) in The Sandbox metaverse. The sale comes as interest in metaverses like Decentraland (MANA) and The Sandbox (SAND) grows following Facebook's rebrand to Meta. Brands such as Adidas (ADDYY) and Atari (PONGF) have bought virtual land in these metaverses, anticipating a shift in retail towards the metaverse.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:00 pm

A virtual land NFT in Decentraland sold for $1,302, 1.30x the current floor price of 0.547 Ethereum. Interest in metaverse land has increased since Facebook's rebrand to Meta. Major brands like Adidas and Atari have bought virtual land in blockchain-based metaverses such as Decentraland and The Sandbox.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 7:00 pm

A virtual land NFT in Decentraland sold for $1,901, 1.66x the current floor price of 0.62 Ethereum. Interest in metaverse land has increased since Facebook's rebrand to Meta. Major brands like Adidas and Atari have bought virtual land in blockchain-based metaverses such as Decentraland and The Sandbox.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 7:01 pm

A virtual land NFT in Decentraland sold for $3,824, 3.26x the current floor price of 0.6449 Ethereum. The sale follows increased interest in metaverse platforms like Decentraland (MANA) and The Sandbox (SAND) after Facebook's rebrand to Meta. Brands such as Adidas and Atari have also bought virtual land in these metaverses.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 7:01 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.