The PUBG developer entered the stock exchange, but immediately after that his shares sank in price. Within an hour, Krafton’s capitalization dropped by 20%. Investors regarded it as a one-game company.

The media controlled by the Chinese authorities have softened criticism of video games. They no longer call them an “electronic drug”, but still urge society to fight gambling addiction. Against this background, Tencent shares managed to recoup almost half of yesterday’s fall.

It is now possible to buy shares of large gaming companies on the Moscow Stock Exchange. Among them are Activision Blizzard, Sony, EA and others. Trading is carried out through an exchange-traded investment fund (ETF), and the commission will be 0.9% per annum.The auction began on July 14, the official website of the Moscow Stock Exchange reports.

Yesterday, June 6, Nintendo announced a new Nintendo Switch with an OLED screen. Although the gaming community reacted very coolly to the presentation, investors did not react to it. The company’s stock price has barely changed.

The PUBG developer shows the wonders of generosity. Krafton will provide a part of the shares to its employees. Moreover, this will affect not only personnel who are based in South Korea. Shares worth $89 million will be given to an international team. There were some nuances.

Yesterday’s announcement of the new strategy had a negative impact on CD Projekt shares. Analysts believe that it lacks specifics. Serkan Toto, CEO of the consulting firm Kantan Games, was one of the first to draw attention to the fall.

Activision Blizzard quotes have reached record levels. Against the background of the COVID-19 pandemic, the value of one share of the company managed to overcome the $95.08 milestone for the first time in 37 years.

After Pfizer announced the successful testing of a coronavirus vaccine, shares of gaming companies went down massively. The “lucky ones” included Take-Two, Unity, Ubisoft, CD Projekt and many others.

Five Zachtronics studio games are now free for public schools and other non-profit educational institutions. Discounts are provided for private and commercial schools.

China’s Tencent has reduced its stake in Glu Mobile. The corporation’s share in the developer decreased from 21.5% to 14.46%.

It would seem, what does Fortnite have to do with it.

The Danish film company Nordisk Film continues to buy shares of Star Stable Entertainment — the creator of the social MMO Star Stable Online.

Alisher Usmanov’s USM structure and Megafon mobile operator gave sole control over the holding Mail.ru Group. After the renewal of the board of directors, the management of the company was transferred to its top managers and partners.

The founder of Zynga, Mark Pincus, has exchanged his shares of the company with high voting rights for ordinary shares. Because of this, Pinkus’ voting rights as a Zynga shareholder were reduced from 70% to 10%.

Major South Korean publisher Netmarble bought a 25.71% stake in local record label Big Hit Entertainment (BHE) for $190 million. Thanks to the deal, Netmarble became the second largest shareholder of the music company.

The Chinese corporation Tencent has acquired less than 5% of the shares of Bluehole Studios, which created the popular PvP action game Playerunknowns Battlegrounds.