Please support Game Informer. Print magazine subscriptions are less than $2 per issue
Did The Dragon Quest X Announcement Cause Stock Drops?
In the realm of "man, I really don't understand financial stuff," here comes this bizarre story. Normally you would expect a new game announcement in a popular franchise to positively affect a company's stock, but apparently that was not the case with yesterday's Dragon Quest X announcement.
Japanese news site Nikkei (via Andriasang) reports that both Square Enix and Sony stock are down following the DQ X announcement. According to Rakuten Investment Management, Sony investors are concerned about the company losing business because of the popular series appearing exclusively on the Wii and Wii U. Timed alongside struggles with Sony's television division and a general slow economic season, the publisher's stock is currently at its lowest point of the year.
So why would Square Enix's stock drop as well? Good question. The Dragon Quest X publisher's stock is down over 10 percent following the announcement. My personal speculation is that investors are skeptical of Square attempting to do another MMO following its well-documented failure with Final Fantasy XIV, but as I already noted, I don't understand this financial stuff at all.
I’d like to ask you to support Game Informer’s continued coverage of games with a subscription. For less than two dollars per issue, we mail you a full year of 10 print magazines, each with cover stories and preview features filled with exclusive details about the most exciting upcoming games. We profile and interview game creators. We look back on the rich history of gaming, and we celebrate what’s next.
Here on the website, we offer much of our content for free, including game reviews, daily news, videos, event coverage, and more – all with minimal ads.
We do so with a small editorial team, alongside contributing paid writers from around the world – over 65 individuals from 9 countries around the world, just in the last couple of years.
It’s not possible without support.
In a time when game makers and games coverage have faced hard struggles and layoffs, the future of this 30+ year magazine and community is at risk. Our new standalone magazine subscription is the number one way you can keep us alive – and we believe you’ll get a pretty fantastic gaming magazine in your mailbox every few weeks for your trouble.
Thank you.
