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A Common Foe as Videogame Stocks Stumble: ‘Fortnite’Videogame stocks tumbled after two of the industry’s biggest publishers showed how difficult it is to escape the long shadow of “Fortnite.” Realistically games don’t cost $60 anymore. Prices have gone up and games come out in phases. $60, $20 DLC, $20 DLC, Etc. Developers are earning their money over time. I’m not complaining if the product is good and they’re giving me what I want. If selling at the max, the content, story, and build must be that of an “epic”. Much like Assassins creed this time. Content, gameplay, and story were all 10’s. Can’t be anything less. We also need to understand that Fortnite, is a trendy game. And all trends die down. Just look at Minecraft and CoD.
Source: WSJ - 🏆 98. / 63 Read more »
Pain Therapeutics stock plunges after company slams FDA for refusing to approve drugShares of Pain Therapeutics Inc. fell 18% Tuesday after the company released a statement railing against the U.S. Food and Drug Administration’s refusal to approve drug candidate Remoxy.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock Exchanges to Fire Company Building Stock-Market SupercomputerStock exchanges intend to fire the contractor that is building a data warehouse for all U.S. stock-market activity, the latest sign of trouble for a project designed to detect trading fraud and causes behind wild swings in prices. Finally, someone's got something to lose.😒😒
Source: WSJ - 🏆 98. / 63 Read more »