[STEAM] Investors Are Having a 'Whoopsie' Moment — After 3 Million Sales, Shares in Crimson Desert Dev Pearl Abyss Skyrocket

[Steam 0]

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Shares in Pearl Abyss, the developer and publisher of

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, skyrocketed today after the company announced 3 million sales — addressing a significant stock price collapse that occured around the game’s launch.

Yesterday,

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. The open world action game launched on March 19

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, with an additional 1 million copies sold in the subsequent four days.

It's an impressive sales return, but things were looking a little shaky when Crimson Desert came out.

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, but was met with a 'mixed' user review rating on Valve’s platform.

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, which some had called clunky and unnecessarily complicated. There were some performance complaints too. For example,

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— an issue that was also on the PC version.

Meanwhile,

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. A day after launch, the company stock fell a further 9.78% — despite the big launch sales. According to the Korean business press, Pearl Abyss reportedly spent seven years making Crimson Desert, with development costs coming in at 200 billion won (approx. $133 million).

However,

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, moving up from ‘mixed’ to ‘mostly positive’ as Pearl Abyss releases game-changing updates. English reviews are now up to ‘very positive.’ The Crimson Desert Metascore is 78, with the user score at 8.1.

Pearl Abyss stock was down 2.51% yesterday, but today it jumped a huge 23.34%. And while the share price still has some way to go before it recovers to the level Pearl Abyss was trading at before Crimson Desert’s launch, clearly sentiment has shifted.

“Now, investors are having a ‘Whoopsie’ moment,” was how Dr. Serkan Toto, CEO of Japan game industry consultancy Kantan Games,

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. “Happens in Asian markets all the time with game stocks.”

Clearly, there’s still some way to go for Pearl Abyss and Crimson Desert itself, with further patches expected to improve the game further. In the meantime, we've got plenty more on Crimson Desert, including

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, a player discovery

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, and our

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. If you’re jumping into Crimson Desert’s huge open world, we recommend you take a look at our guide to

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, plus

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(we’ve got 28 and counting!). We’ve also got a guide to the

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we recommend picking up, the

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(including a handy explainer of the skills system), and 34

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to help you succeed in Pywel.

Wesley is Director, News at IGN. Find him on

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at @wyp100. You can reach Wesley at [email protected] or confidentially at *****@*****.tld.

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