Monday, 05 August 2024 23:07

Video Game Company Stock Prices All Take Big Hits

Written by Brett Byll
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Although several giant gaming companies have suffered individual losses, stocks have now dropped for multiple businesses, all at once.

Reports highlight a drop in stocks for several different video game companies, including Nintendo. This may not be surprising to those who have kept their fingers on the pulse of gaming over the last two years. Companies with some of the strongest legacies in gaming, such as Bungie, have faced massive losses, and publications like Game Informer have closed following GameStop's lackluster sales. Although Nintendo is likely to recover, as it has a stockpile of money to offset losses, many other companies may face issues.

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