Chapter 608
By midday, when the market paused, the interhigh had already surpassed 68 dollars with the stock closing at 67 dollars.
Genesis Games' share price had exceeded 16 billion dollars. This was shocking.
Although Genesis Games' financial reports fell slightly short compared to gaming giants like Activision Blizzard, it had still managed to reach a respectable level of 30 billion dollars.
However, as a new company and a concept stock from Iselva, Genesis Games still faced subtle bias in the Federian market. Achieving a market value of 20 billion would be a miracle in itself.
However, judging from today's performance, Genesis Games' market value was likely to continue soaring.
As expected, Genesis Games' stock price continued to soar after the market opened in the afternoon.
Genesis Games' stock price was set at 80 dollars when the market closed. This meant that Genesis Games had exceeded the 20-billion-dollar mark, which shocked countless analysts. At the same time, they were hopeful about its future.
Those analysts who were skeptical about Genesis Games were thoroughly slapped in the face by its 20-billion-dollar market value. They felt nothing but bitter regret.
Genesis Games' performance had undoubtedly impressed them.
When the bell that indicated the market's closing rang, news about Genesis Games' exceeding 20 billion dollars in market value quickly spread across the country.
Although Genesis Games wasn't the highest-valued enterprise, its products had taken the world by storm, sweeping across Federia and Euphoria. This alone was something to be proud of.
Media covering gaming, entertainment, and finance were reporting this news, igniting heated discussions in countless forums.
Genesis Games had successfully established itself overseas, proving to the world that as long as one managed a local company with dedication and integrity, they could conquer the global market.
Genesis Games' popularity had affected the gaming industry back home. In the Apson Share Market, there was even a surge of interest in Genesis Games' concept stock.
Some gaming companies that were not directly associated with Genesis Games also rode the waves of this excitement, with their stock prices hitting the daily limit.
"With a market value of 20 billion dollars, the youngest billionaire is born!"
"He has achieved 20 billion dollars in net worth, making him the one of the richest people in Iselva."
"Hustle, young people! One day, you'll become as successful as him!"
"The rise of the world-class game in the local markets-he's behind it all!"
"Today, we applaud this exceptionally talented young man!"
Many print and online media outlets were filled with praise and coverage of this young billionaire. Jack's name had quickly spread across the nation, becoming an idol for the younger generation. This content belongs to fındnovel.net
It was a lazy Saturday in Dorm 502.
Joshua and Isaac were taking a nice nap, while Samuel was engrossed in his book.
Meanwhile, Ronnie was playing "Legend of the East".
Now, "Legend of the East" had once again returned to Genesis Games, and Genesis Games had bought Drakengard Games.
As Ronnie was fully engrossed in his game, a headline suddenly popped up at the corner of the screen, saying, "Congratulations to Genesis Games, which has successfully gone public on the New Vork Stock Exchange, succeeding with a market value of 20 billion dollars! In appreciation of everyone's support, we're launching a special event today, offering each player 10 free chances to spin the wheel!"