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Square Enix shares boost on back of 360 FFXIII announce

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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Final Fantasy XIII

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Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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