Recent shareowner updates has indicated that new institutional owners are taking advantage of the current weakness in the stock to take a significant position.
Speculations at the very active norwegian growth investors community Tekinvestor.no is that it is the new Core Ny Teknik fund that is owning the position. (realtid.se/hausse-kring-succeforvaltarnas-nya-fond)
Ahead of the Q4 2018 presentation, investors are expecting too see continued satisfying sales of Conan Exiles, and also satisfying sales of the sleeper hit Mutant Year Zero: Road to Eden that was launched at Steam during Q4.
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Funcom stock has reached the crucial NOK 16.5 level and investors are very interested to see if his can trigger a further boost to momentum or if there is going to be some profit taking.