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NetEase (NTES) Stock Dips Amid Game Launch Issues in China
NTESNTES(NTES) Gurufocus·2024-10-08 10:51

NetEase (NTES, Financial) shares experienced a significant decline in pre-market trading, dropping over 8.8% to $90.7. On the Hong Kong Stock Exchange, its shares closed with a decline of over 10.8%, settling at 141 HKD.The decline in NetEase's stock price is linked to the recent re-launch of Blizzard's game, "Hearthstone," in China. This re-launch follows the return of another Blizzard game, "World of Warcraft." However, both games are facing severe issues with long queue times, frustrating many players.Th ...