@Doe A $2 billion deal has fallen through that was verbally confirmed months ago. This lowers the expected profit for the next few years and consequently the valuation of the company.
@Tom_quality_investor Yes, rationally speaking, a capped 2 billion deal and actually not bad quarterly figures is no reason for this drop in valuation. Besides, 234 games are scheduled to be released by 2026.
Yes, we are seeing this more frequently at the moment. The market is tending to exaggerate at the moment. Given the pipeline of releases, the price is actually a joke.