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Rovio CEO: Gaming companies new to the public market 11:55 AM ET Mon, 26 March 2018 | 03:03
Gaming firms are “quite new” to the stock market and are still learning “how the game needs to be played,” the chief executive of Rovio Entertainment said.
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Shares of Espoo, Finland-based Rovio, which created the popular mobile game “Angry Birds” in 2009, debuted on the Helsinki Stock Exchange in October.
Last month, a profit warning from the company saw its share price cut by a third. The stock is currently almost 60 percent off a record high it hit in November.