Square Enix sheds nearly $2B of value since ‘FFXVI’ release, Bloomberg says

Japanese game maker Square Enix (SQNXF) has lost nearly $2B of its value since the release of “Final Fantasy XVI” over the summer, Bloomberg’s Takashi Mochizuki and Kotaro Hara report. Shareholders are now wondering if the company’s run of success is nearing an end, the authors say. The latest “Final Fantasy” title, which released in June exclusively for PlayStation 5 (SONY), has had underwhelming sales figures, and things got worse last month when the publisher reported a sharp profit decrease, the author note.