Embracer Group AB (publ) (OTCMKTS:THQQF) Stock Price Down 8% – Here’s What Happened

Embracer Group AB (publ) (OTCMKTS:THQQF) fell 8% during trading on Friday . The company traded as low as $6.9176 and last traded at $6.9176. 1,127 shares were traded during trading, an increase of 8% from the average session volume of 1,039 shares. The stock had previously closed at $7.52.

Embracer Group AB (publ) Stock Down 8.0%

The stock has a 50 day moving average of $6.52 and a two-hundred day moving average of $6.69.

Embracer Group AB (publ) Company Profile

Embracer Group AB (publ) is a global video game and entertainment holding company based in Karlstad, Sweden. The company’s core business activities encompass the development, publishing and distribution of interactive entertainment across a variety of platforms, including console, PC and mobile. Through its decentralized operating model, Embracer Group partners with internal and externally acquired studios to manage a broad portfolio of game titles and intellectual property.

Embracer Group’s expansive network of subsidiaries and labels includes prominent names such as THQ Nordic, Koch Media, Coffee Stain and Gearbox Entertainment, among others.