07-08-2023, 09:36 AM
Bloomberg: Square Enix Drops After ‘Final Fantasy’ and Mobile Setback
Square Enix Holdings Co. shares suffered their worst intraday drop in almost three years, erasing a little over a year’s worth of gains, after the company reported a 79% decline in operating profit.
Hopes that Final Fantasy XVI would boost sales were dashed by the company’s downbeat earnings report Friday, driving the stock down as much as 15%.
https://www.bloomberg.com/news/articles/...#xj4y7vzkg
Square Enix Holdings Co. shares suffered their worst intraday drop in almost three years, erasing a little over a year’s worth of gains, after the company reported a 79% decline in operating profit.
Hopes that Final Fantasy XVI would boost sales were dashed by the company’s downbeat earnings report Friday, driving the stock down as much as 15%.
https://www.bloomberg.com/news/articles/...#xj4y7vzkg