Crimson Desert Stock Crash Shows Why Investors Know Nothing About Gaming

Crimson Desert Stock Crash Shows Why Investors Know Nothing About Gaming

From DualShockers (Written by Jaime Tugayev) on | OpenCritic

Salutations, dear Greymane. If you are reading this, you have survived until the release date of Crimson Desert, the latest and greatest adventure game by South Korean developer Pearl Abyss.

This marks the end of a fairly long development and marketing cycle, and it feels like an eternity has passed since we were treated to this bombastic reveal trailer back in 2019:

And yet, what was set to be a jubilant date is now tinged with some hostility towards developers Pearl Abyss. The source, for once, is not any virulent mob of players, creators, or journalists, but the fickle hands of the industry's evil puppeteer.

Investors have managed to create a crisis all on their own, sending Pearl Abyss stock tumbling down following their 'expert' assessment of the game's critical reception. This knee-jerk reaction is a nice reminder that the average investor knows or cares little about games, while being the sword of Damocles hanging over the industry as a whole.

Crimson Desert Reviews Blamed for Crashing Pearl Abyss Stock

The reviews for Crimson Desert started pouring in yesterday. If I told you they'd caused Pearl Abyss shares to plummet 29.88% over the last 24 hours, how badly did...

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