July 19, 2024
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The First Descendant: Stock Success After Release

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The First Descendant Stock Success After Release

Nexon’s First Descendant Hits Steam Charts, Sends Stock Soaring

Nexon’s new looter shooter, First Descendant, has taken Steam by storm since its release on July 1, 2024, and the game’s success is already showing in Nexon Games’ stock price.

According to Steam statistics for the past three days, as of this morning, First Descendant ranked 1st in the “Top Sellers”, 2nd in the Most popular, and 5th in the “Most Played Game” category. This puts it ahead of established hits like Palworld (8th), Baldur’s Gate 3 (7th), and even Elden Ring (3rd).

At its peak, First Descendant had 229,257 concurrent players, making it the 5th most played game on Steam. Currently, there are over 170,000 players actively playing the game.

First Descendant is a loot shooter developed by Nexon and released on July 1, 2024. The game features high-quality visuals powered by Unreal Engine 5, gun-based combat, co-op shooting with an emphasis on action, and RPG elements that expand the player experience.

The game’s early success has also boosted Nexon Games’ stock price. As of 10:40 AM today, Nexon Games’ stock was trading at 18,280 won, up 16.81% from its closing price of 15,650 won the previous day. This is somewhat unusual considering that game stocks typically decline after the release of a new game. The positive reception of First Descendant is likely behind the strong stock performance.

On Steam, First Descendant has a “Mixed” rating. Out of 4,123 reviews, 52% of users have given the game a positive rating.

Nexon plans to release new content for First Descendant in approximately three-month intervals, including new systems, characters, stories, and more.

Writer
I am an Entertainment News writer, with a specialization in Asian dramas (because, obviously, I am clueless), Kpop and Celebrity News. I am based in the Singapore. I love nothing more than to impart my wisdom and churn out interesting articles. I also assist journalists over on the HARO platform with some of that all important showbiz know-how!

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