GRVY - Gravity gains as 'Ragnarok Origin' hits more markets
- Gravity ( NASDAQ: GRVY ) is bucking a sharply lower market in Communications stocks and overall, up 3.3% Friday after it announced the successful launch of its game Ragnarok Origin in Taiwan, Hong Kong and Macau.
- The product - a massively multiplayer online role-playing game - was launched to success in Korea in July 2020, after which it was a top grosser in app stores for three months.
- That was followed by a top launch in Japan in June 2021, and a successful debut in the United States and Canada in November 2021.
- Gravity's key offering, Ragnarok Online, is popular in Japan and Taiwan and available across 91 markets and countries.
- Last week, Gravity launched its first play-to-earn game in the Ragnarok Online milieu .
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Gravity gains as 'Ragnarok Origin' hits more markets