IbizaPocholo
NeoGAFs Kent Brockman
https://www.vg247.com/2018/11/19/starbreeze-stock-freefall/
Starbreeze’s stock has been in decline since June and it looks like the recent release of The Walking Dead hasn’t helped at all.
Just before E3 this year, Starbreeze’s stock took a huge nosedive, falling from 16.95 SEK ($1.88) to 9.93 SEK ($1.10) per share.
On November 6, the same day Overkill’s The Walking Dead launched for PC in North America, the company posted pre-tax loss of $11.3 million for Q3 2018 – triple the loss of the previous year.
It is now well over a week since the game launched on Steam, and it has a mixed reception and a peak concurrent player count of just 14,292. In comparison, Payday 2’s peak was 247,628, although that figure was admittedly helped along by a promotion where the game was offered for free for a limited time.
Starbreeze’s stock has been in decline since June and it looks like the recent release of The Walking Dead hasn’t helped at all.
Just before E3 this year, Starbreeze’s stock took a huge nosedive, falling from 16.95 SEK ($1.88) to 9.93 SEK ($1.10) per share.
On November 6, the same day Overkill’s The Walking Dead launched for PC in North America, the company posted pre-tax loss of $11.3 million for Q3 2018 – triple the loss of the previous year.
It is now well over a week since the game launched on Steam, and it has a mixed reception and a peak concurrent player count of just 14,292. In comparison, Payday 2’s peak was 247,628, although that figure was admittedly helped along by a promotion where the game was offered for free for a limited time.