Shares in video game publisher Atari Inc. ATAR.O sank on Tuesday, their fourth straight day of lo es, as "Enter the Matrix," the company's biggest-budget game yet, faced early negative reviews despite signs of strong sales.
After the April 17 announcement that the $30-million game had been completed, shares in Atari, formerly known as Infogrames Inc., went on a run, gaining about 200 percent through May 14, the day before the game's launch.
But since May 14 the stock has been sliding, losing almost 28 percent, although it is still up 168 percent in 2003. Analysts have said "Enter the Matrix" is key to the company's fortunes, especially as it faces bond payments over the next two years.Het complete verhaal is te lezen op de website van Reuters.