With the worldwide economy in a tailspin as of late, publisher Midway is feeling the pinch. Yesterday, the company's stock lost 12 percent of its market value, closing at $1.10 -- a drop of 67.1% from last year. Things aren't looking up from here on out either -- today the stock plummeted even further, hitting a low of 0.79 cents per share.
The rather sharp decline in market share value follows Midway's recent decision to focus on its core franchises and drop various licensed game properties. Hopefully the impending release of Mortal Kombat vs. DC Universe whips up enough momentum to turn things around over at Midway.
Bad Day For Midway [Forbes]