If you’ve been paying attention to the news, you may have seen that there’s been a lot of panic in the stock market following the worst crash of the Chinese market since 2007. The problems stemming from what China is calling “Black Monday” caused the DOW to plummet by 1,000 points before beginning a gradual recovery.
A look at some of the biggest video game publishers shows notable declines across the board. The three big console makers all reported stock drops, including over 8% for Nintendo (after the company just recently hit a four year stock high), over 5% for Sony, and just under 4% for Microsoft. Third-party publishers were hit as well, including losses for EA, Ubisoft, Activision, and a huge loss of over 10% for Square Enix.