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coly plunges on delay of "Disney Sparklink Stars" release to Q3
coly Inc. <4175> plunged. After the market close on May 29, the company announced that the scheduled launch of its new online game under development, "Disney Sparklink Stars," will be delayed to the third quarter from the first half of the fiscal year ending January 2027. The stock had surged since mid-May on high expectations for the title, and the slide was driven by fading optimism. The company said the impact of this change on its earnings for the fiscal year ending January 2027 is currently under review.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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