Konami Stock Plummets Due to MGS4 Delay
By Chris on Thursday, November 1st, 2007 at 5:03 PM PST In Game Companies, Game Consoles, Game Platforms, Games, Metal Gear, Sony
As if disappointed groans from fans around the world weren’t enough, Konami’s stock took a huge plunge, following news that Metal Gear Solid 4 has been delayed even further into 2008. The US release date, as of now, is set for Q2 2008.
According to Bloomberg, Konami stock fell more than it has in nearly four years. More precisely, the 6.8% drop by the 11 AM Tokyo Stock Exchange break was the largest drop for the company since December 8, 2003. The image seen above is for the five day span ending on November 1, 2007.
via Opposable Thumbs
well this sucks in my economics class I actually bought fake stock in Konami… this isnt going to look good at all lol
Wow thats harsh
bwahaha… yes keep dropping. This stock is undervalued. Don’t forget Konani has a stranglehold on the casino business!
buy, buy buy.
that’s what Konami must pay for the delay of MGS4 … >”
Max says:
November 2nd, 2007 at 11:07 am
that’s what Konami must pay for the delay of MGS4 … >”
WTF guyz…c’mon..this comment is rubbish and we all know it. The reason MGS4 is delayed is because improvements are needed to be made to the game and in the end, we all know that Hideo Kojima is a perfectionist. Does it really matter if we have to wait a couple of months longer if the game is amazing.No.
The stock has only dropped two points and really,lets be honest, that is going to rise back up again anyway by next week, so everyone stop panicking and get ready to enjoy wat i think, will be the best game on PS3.
(Do reply nd let me hear ur opinions)
“Konami’s stock took a huge plunge,”
“More precisely, the 6.8% drop by the 11 AM Tokyo Stock Exchange break was the largest drop for the company since December 8, 2003. The image seen above is for the five day span ending on November 1, 2007.”
If 2 points is the same as 6.8% then I feel REALLY sorry for Konami.
Konami has been really iffy with the latest MGS, and to be honest the whole thing really has a lot of negative energy attached to it.