Square Enix shares boost on back of 360 FFXIII announce

By Patrick Garratt, Tuesday, 15 July 2008 13:36 GMT

According to this Bloomberg report, Square Enix’s shares rose sharply after the Final Fantasy XIII was announced for Xbox 360 at E3 yesterday, gained 5.2 percent, the biggest advance since May 22.

“Square Enix is adopting a flexible strategy for releasing game software,” said Takeshi Koyama, an analyst at Mizuho Securities. “The share price movement today reflects that investors welcome the news.”

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