Creative's stocks soar with news of the Zii EGG and THX Partnership


The stock market can be one of the most telling signs when it comes to interest in a company's new product. So how did investors react to Creative's newly announced Zii EGG? Well, Creative's stock rose S$1.40 on the Singapore Stock Exchange (SGX), making it to a 30% gain from opening day prices. Of course. this huge increase looks so much better visually:

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The spike is attributed to both the Zii EGG, as well as Creative's new partnership with THX. This is definitely a promising sign that things are turning around for Creative. Hopefully they can keep the momentum going strong when the EGG and any consumer model is released.

via SGX

Additional Sources:

My Creative Fansite

Thanks davinp

comment: 6 | Monday, August 03 (2009) 01:33PM | Posted by: ssjmichael


Comments


Zensen
Aug 03 (2009) 02:02PM
I wonder what the highest creative shares have been? Was it during the 90's and their soundblaster cards and accessories or did it peak during the early mp3 player revolution e.g nomads and the successful ZVM.

closing out the decade ('00s) it has been a bit of a agonising decline for creative even with the release of some good products which flew under the radar partly due to poor marketing and decline of their presence in B&M stores in certain international markets among many other things e.g strong competition and economy downturn.

The DarkSide
Aug 03 (2009) 05:19PM
About time, so bring on the official commercial version of the Zii. Creative is a bout to make a comeback w/it.

huangshan
Aug 04 (2009) 01:37AM
need to sell the shares because financial report will release soon

pugimel
Aug 04 (2009) 01:41AM
Creative share rose another 20+ % in today trading to all year high @ S$7.34. Look like the momentum is still going strong.

ssjmichael
Aug 04 (2009) 11:41AM
Wow, I should totally buy some stock. Or I guess I should have before, would have made a little money

Raider Red
Aug 04 (2009) 07:37PM
Up 30% Monday, 20% Tuesday, it might even be worth it for Wednesday's opening. They haven't even launched it yet. I'd expect a bit of a dip when they announce Q4 results, but you never know.




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