Trading of DON’T NOD shares has been suspended, the reason is unknown
On October 16, trading of DON’T NOD shares on the European stock exchange Euronext was temporarily halted. The pause was initiated at the company's own request.
Life is Strange: Double Exposure
According to a statement on the stock exchange's website, the pause will continue until the "publication of a press release and further notice" from DON’T NOD. It's currently uncertain when or what the company's announcement will be.
As per the stock exchange's documentation, companies typically halt trading ahead of a major event that could influence their share price, such as a deal closure or a restructuring announcement.
Rumors circulating online suggest that DON’T NOD might have been sold in whole or in part. Previously, the company reported a revenue drop of 11.4% to €14.6 million for the first half of 2024. It also noted lower than expected sales of the games Jusant and Banishers: Ghosts of New Eden, and the freezing of several projects. Since the start of 2024, DON’T NOD's shares have declined by 68.4%.
Yesterday, on October 15, DON’T NOD's latest game, Life is Strange: Double Exposure, was released in early access. Currently, only owners of the premium editions can play it, with the full release scheduled for October 29. At present, Life is Strange: Double Exposure has a "mostly positive" rating on Steam, praised by 71% of reviewers.
