Square Enix Has Lost a Billion in Value Since Final Fantasy 16
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Square Enix has lost billions of dollars in value over the last several months. According to Bloomberg, Square Enix has lost nearly $2 billion in value since the release of Final Fantasy XVI on June 22, 2023. One of the biggest reasons noted for the loss was specifically the underperformance of Final Fantasy XVI in terms of sales. This resulted in the company’s share price dropping significantly. Another reason provided was the sheer number of games the studio has been putting out, the quality of which have been questionable in some cases. There have also been various mobile titles that have been rushed out, […]
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