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 TechCrunch http://ift.tt/2Fo0IBj
via IFTTT