Top Scores: Video Games' Biggest IPOs

By Bloomberg Rankings, Marcus Chan and Amelia Hennighausen - 2014-03-05T20:03:43Z

Photograph by Midway Games Inc. via Getty Images

Company Symbol % Change
8 of 12

4. Midway Games

Value of IPO: $102 million

First day of trading: October 29, 1996

Market status: Delisted

The creator of "Mortal Kombat" delivered a near-fatality move  on the IPO ranking, but that didn't keep it from facing its own mortality. The New York Stock Exchange delisted the Chicago-based video game publisher in 2009, the same year the company filed for Chapter 11 bankruptcy protection. A year earlier, billionaire Sumner Redstone sold his controlling stake in Midway.

Despite the popularity of its "Mortal Kombat" series, the company struggled to come up with hit titles for game consoles. Midway ended up selling most of its assets to a unit of Time Warner.

Advertisement