(Tiper Stock Exchange) – Digital Brosa group active in the videogames market and listed on Euronext STAR Milan, collapses in the stock market after it has forecasts revised downwards on the performance of the 2022-2023 financial year, both in terms of revenues and EBIT. The difficulties are linked to the current market conditions, which make the release of new games more complex and require much higher marketing investments than in the past.
The actions have been suspended several times due to excess volatility after they returned to trade. Borsa Italiana had in fact ordered the temporary suspension of the shares at 1:57 pm (waiting for a press release), then communicating at 2:27 pm that the shares would be in pre-auction (reopening) until 3:00 pm.
According to the last price beaten, Digital Bros it stands at 15.02 euros, with a drop of 14.22%. A further retreat towards the support area seen at 14.11 and subsequent at 13.2 is expected. Resistance at 19.57.
(Photo: © Kladej Voravongsuk / 123RF)