Thursday, 22 February 2018

Angry Birds maker craters on bad guidance, losing half its market value

 Angry Birds maker Rovio’s stock price tanked cratered after their latest quarterly earnings report painted a dismal future for the game maker. The stock is down 50 percent after the company sent investors a warning in their latest earnings report that revenues were likely to suffer in 2018. Despite a strong over reliance on the Angry Birds brand, which seems to have been integrated into… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2018/02/22/angry-birds-maker-craters-on-bad-guidance-losing-half-its-market-value/?ncid=rss



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