Square Enix Stock DISASTER! Picking Up the Pieces After Ditching SBI!

Square Enix stock just went through the floor after a disappointing Q3 2024 Earnings call. There are some bright spots from this year, Final Fantasy 7 Rebirth is one example, but overall, it's been a tough year. Reworking their entire sales strategy by ditching exclusivity was huge and getting out of the toxic Western market is massive, but their poor decisions of the past are now coming to fruition and the bill is beyond due.

Some will blame it all on the big, woke boogeyman, but it's more detailed than that. When you play with fire, you get burned. When you lay with dogs, you get flees. When you team up with Sweet Baby Inc, you get bad games. These are preventable downstream disasters that unfortunately Square Enix is having to learn from the hard way.

Sources:
Game Rant: https://gamerant.com/square-enix-q3-2024-financial-report-earnings-overview-stock/#:~:text=Key%20Takeaways,profit%20decline%20in%20Q3%202024.
Grummz: https://x.com/Grummz/status/1856014552519061761

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