Stock in Japanese games giant Square Enix has dropped by 30 per cent since the launch of Final Fantasy 16. As reported by Bloomber g, around $2 billion has been shaved from the company’s share pri…
Stock in Japanese games giant Square Enix has dropped by 30 per cent since the launch of Final Fantasy 16. As reported by Bloomber g, around $2 billion has been shaved from the company’s share pri…
Kinda expected, majority of Squeenix’s shareholders are big banks, they are expecting FF16 to sell a lot more than the current 3 mil copies.
Squeenix also had a kind of disappointing year between 2022 to 2023, with Babylon’s Fall failing, and Forspoken not doing great. The only big thing in the near future that’s announced is FF7 Rebirth, so I could see why shareholders don’t have much confidence in the company.
But I gotta admit, Square Enix of these past 2 years, have released tons of games that I want to play / enjoyed playing, albeit many of them are either remakes or smaller titles, e.g. Tactics Ogre Reborn, Chrono Cross Remastered, Octopath Traveler 2, Live a Live, Crisis Core, Paranormasight, FF Pixel Remaster, etc.
I hope this is just a stumble, and they will regain their footing, instead of them ended up getting acquired by large corporations.