Netmarble falls as new mobile game performance below expectations

Netmarble

10/12/2018 03:47

** Shares of South Korean mobile games maker Netmarble Corp
 251270.KS  fall as much as 8.9 pct, marking their lowest level
since Oct 30
    ** Initial performance of the company's new mobile game
Blade & Soul Revolution, the most anticipated game of the year,
did not meet expectations, hovering below the overall level of
MMORPG performance in 2017, says Kim Hak-joon, an analyst at
Kiwoom Securities
    ** While the early network traffic state of the new game is
below expectations, whether there is a network traffic reduction
on Tuesday will be the key to evaluate the success of the game,
adds Hwang Seung-taek, an analyst at Hana Financial Investment
    ** Shares of Netmarble tumbled on Thursday, right after the
release of its new mobile game Blade & Soul Revolution due to
technical errors  L4N1YB0A9 
    ** Broader market  .KS11  down 1.2 pct as of 0335 GMT

 ((Reuters Messaging: joori.roh.thomsonreuters.com@reuters.net))