Funcom Shares Plummet After The Secret World’s Launch – Does it Matter for Players?

Funcom by no means has a clean track record when it comes to launching an MMORPG. However, the company’s latest, The Secret World, a modern day horror MMORPG, was not on the list alongside Age of Conan or one of the most notorious launches in history, Anarchy Online. The Secret World was received well by critics and players alike, receiving positive attention here on Lore Hound as well.

Oddly enough, CEO Trond Arne Aas stepped down from his position the day the game launched. Reducing his role to that of a strategic advisor to the board of directors and chief strategy officer. COO Ole Schreiner will be taking over the position, allowing Trond to focus on the newly announced Lego MMO Funcom secured the rights to.

“The company’s financial position is strong and the foundation of the company’s long-term product and technology strategy is in place,” Aas said in a statement. The company saw its shares fall 40% after the move.

What’s it mean for consumers of Funcom’s wares? According to Creative director Ragnar Tornquist, nothing. Tronquist told Rock, Paper, Shotgun that Funcom has “content plans for a very long time. We have content that’s going to be coming on a regular, ongoing basis,”

Let’s hope this ends the troubles to the relatively smooth launch of The Secret World. Oh, and the game remains on sale.

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