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Square Enix has lost almost $2bn in value since Final Fantasy 16 launch

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Square Enix has lost nearly $2 billion in its value since the launch of Final Fantasy 16, as its shares have declined and a key long-term investor has reduced its stake in the publisher.

The company's share price has fallen by 28% since its peak of ¥7,540 in June (specifically June 20 – two days before Final Fantasy 16 launched), and fell to ¥5,381 on Monday – its lowest since the year began.

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source https://www.gamesindustry.biz/square-enix-has-lost-almost-2bn-in-value-since-final-fantasy-16-launch