Mon, Jul 28, 2008 | 07:59 BST
Funcom stocks dip sharply in wake of Conan launch
Big-name MMO? Sizeable player base? Stock value dip of 55 percent? One of these things is not like the other. According to Massively, Age of Conan publisher Funcom has seen a mystifying downturn in its stock value since Age of Conan launched.
Dropping from $54 to $24 per share, you’d think Funcom would have serious cause for concern. However, as Massively points out, Funcom shares were sporting a consistent $25 price tag before the Age of Conan pre-release hype began. Odds are, this sharp drop is merely a return to normalcy.
For more analysis and a chart just begging to be made into a level for Line Rider, check out the link.
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Posted in: Eidos, MMO, Nordic, PC
Tags: Age of Conan - Hyborian Adventures, funcom, share price
3 comments
#1
pjmaybe
28/07/08, 12:13 pm
Can anyone hear the sound of tumbleweed blowing through Conan at the mo? No? Wash out your lugholes then.
Hopefully Funcom will actually realise that reneging on a promise to make sure Conan gets “Regular and scheduled bountiful updates” isn’t quite the same as taking a shitload of that initial game cost and sign-up cash and going off on an extended holiday to acapulco while your userbase pisses away to nothing. Future MMO whorebag devs take note.
#2
patlike
28/07/08, 12:50 pm
Is it really fucked? It’s been getting some less than stellar press in the last few weeks…
#3
ran93r
28/07/08, 6:04 pm
I just canned my account and have no plans to return any time soon.