13-09-2023, 09:05 AM
'Final Fantasy’ Maker’s 30% Plunge May Be Just the Beginning
Square Enix Holdings Co. has shed nearly $2 billion of its value since Final Fantasy XVI, the latest installment of its global hit series, came out to mixed reviews. Now investors wonder whether one of the games industry's most remarkable runs is coming to an end.
The Tokyo-based firm has long relied on its feted franchise to supercharge growth — a formula that lifted its value five-fold in the decade leading to the launch of the latest Final Fantasy in June. But the game's sales underwhelmed, and things got worse in August after the company reported a sharp profit decline. Shares plummeted by double digits, a dozen analysts tracking the stock cut their price target and long-term investor Sumitomo Mitsui Trust Asset Management Co.slashed its holdings in the game company.
https://www.bloomberg.com/news/articles/...rket-value
O silêncio da Square após anunciar 3M shipped já deixava claro que não vendeu muito dps do lançamento.
Square Enix Holdings Co. has shed nearly $2 billion of its value since Final Fantasy XVI, the latest installment of its global hit series, came out to mixed reviews. Now investors wonder whether one of the games industry's most remarkable runs is coming to an end.
The Tokyo-based firm has long relied on its feted franchise to supercharge growth — a formula that lifted its value five-fold in the decade leading to the launch of the latest Final Fantasy in June. But the game's sales underwhelmed, and things got worse in August after the company reported a sharp profit decline. Shares plummeted by double digits, a dozen analysts tracking the stock cut their price target and long-term investor Sumitomo Mitsui Trust Asset Management Co.slashed its holdings in the game company.
https://www.bloomberg.com/news/articles/...rket-value
O silêncio da Square após anunciar 3M shipped já deixava claro que não vendeu muito dps do lançamento.