Posts Tagged ‘Stocks’

Consumer Outrage Hurts Stocks, Wipes Out $3.1 Billion In EA Value

It’s not just Disney and consumers who have a reason to be angry at Electronic Arts. Following a consumer revolt over its aggressive microtransaction strategies in Star Wars Battlefront 2, and despite Electronic Arts showing major growth over the past year up 52% year over year, its shares took a tumble after news that the […]

Funcom Former CEO Under Investigation, Insider Trading

I’m happy to see that I am not the only person who was baffled when Funcom’s CEO Trond Arne Aas suddenly up and flew the coup before the launch of The Secret World. As many of you already know, Funcom’s stock tumbled following the launch of The Secret World, from $17 to $2.23. Luckily, and […]

Funcom’s Shares Tank After The Secret World Launch

This week has certainly been interesting for Funcom. The Secret World launched earlier this week to be met with mostly positive reviews by critics. ¬†On the eve of the game’s launch, however, Funcom’s CEO Trond Arne Aas resigned his role while staying on as a strategic adviser. “The company’s financial position is strong and the […]

Star Vault Summons League of Extraordinary Investors For Meeting

The Board proposes that the AGM resolve in order to enable the Board to provide the company with working capital to authorize the Board, during the period until the next AGM, to decide on the issue of a maximum a number of shares and / or convertible bonds and / or warrants entitling to convert […]

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