Capcom Shares Plummet Nearly 13% Following Analyst Concerns Over ‘Monster Hunter World’

Japanese game developer Capcom’s stock plummeted 12.9 percent on Tuesday, after a downgrade from Bank of America Merrill Lynch. According to The Financial Times, its share target price was reduced from ¥2,800 (about $ 25.19) to ¥2,300, citing “significant risk of sales decline” for its massively popular title “Monster Hunter World.” Despite the recent announcement that […]

Variety

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