TAY TWO surges for third consecutive day on strong 66% sales jump in May
TAY TWO CO.,LTD <7610> shares extended their gains on Monday, rising sharply for a third consecutive session. Following Friday's close, TAY TWO reported a significant 66% year-on-year surge in May sales, fueling buying interest. Sales of used trading cards performed well above the prior-year level, while used games benefited from a rebound following buying restraint ahead of new gaming hardware releases a year earlier, driving overall pre-owned product sales up 35% year-on-year. Meanwhile, new product sales surged 2.2-fold year-on-year, supported by robust demand for new gaming hardware and related items, alongside a recovery in new game sales from the previous year's buying slowdown. New trading cards and hobby products also exceeded prior-year levels.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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