The White House is due to meet with certain videogame executives this afternoon about violence in games, but shares of the major publishers are up ahead of the meeting. Activision Blizzard Inc. is leading the pack, with shares up 2.8%. Shares of Electronic Arts Inc. and Take-Two Interactive Software Inc. are up 1% and 0.8%, respectively. “Trump’s scapegoat meeting with game industry reps doesn’t worry me,” Benchmark analyst Mike Hickey wrote in a recent note to clients. He cites a 2011 Supreme Court decision that deemed videogames an expression of First Amendment rights. “Future courts will rely on this decision to make their own judgments, and that would apply to any law that Trump may attempt to spearhead through congress,” Hickey added. Activision shares are up 57% over the past 12 months, while EA shares are up 45% and Take-Two shares are up 89%. The S&P 500 has gained 16% in that time.
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