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Atari Shares Hit Year Low

Shares in Inforgrames (which now publishes games solely under the name Atari) fell to a year-low today after increasing concerns that a number of the company’s key new ti...
Shares in Inforgrames (which now publishes games solely under the name Atari) fell to a year-low today after increasing concerns that a number of the company’s key new titles, including Driver 3, will be delayed. Shares fell more than 3% to €2.92 ($3.55) in early trading, their lowest since April 2003. The company is expected to lose approximately $100 million this fiscal year due to the delay of Driver 3 until June. Officials are expected to announce the company’s full-year earnings and forward looking projections this Friday. Source: Polygon

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