Ice Code Games share price doubles amid Hard West 2 successful launch

Polish developer Ice Code Games has seen its shares increase by over 100% after the release of Hard West 2. The studio’s market capitalization reached almost $30 million.

Hard West 2 came out on August 4. Published by Good Shepherd Entertainment, the game is currently ranked 76th on Steam’s global top sellers chart.

Ice Code Games’ project was met with positive reviews from players, with 72% of them being positive. According to SteamDB, Hard West 2 peaked at 3,058 concurrent players at launch.

Investors spotted the success, which led to the studio’s shares jumping 104% on Friday (via Bankier.pl) to PLN 1. As of Monday morning, Ice Code Games stock was trading at PLN 1,08 (up 120%).

Ice Code Games market capitalization reached PLN 127.08 million ($27.5 million).

“I hope that good ratings from players will directly translate into equally high and long-term sales of our latest game,” the studio’s president of the board Paweł Wilk said. “We are already talking with potential partners about porting Hard West 2 to the most popular consoles. However, we will make a decision on the further development of this project together with the publisher, based on the sales results after the premiere.”

Hard West 2 is a turn-based strategy game, which combines the Wild West aesthetics with supernatural things like witchcraft. It is a sequel to CreativeForge Games’ title, which has sold over 500k copies on PC alone since its launch in 2015.

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