Pearl Abyss shares plummet after Crimson Desert reviews

Pearl Abyss Corp's stock price fell by nearly 30 percent following the release of reviews for its action RPG Crimson Desert. The game holds Metacritic and OpenCritic scores of 78 and 80, respectively, below market expectations of the mid-to-high 80s. This drop came after significant pre-release hype that had driven the stock to record highs.

Pearl Abyss Corp's shares dropped sharply on March 19, 2026, shortly after reviews for Crimson Desert went live. According to reports, the stock fell by roughly 29.88 percent from 65,600 KRW to 46,000 KRW, with one source noting a 27.44 percent decline at the time of writing. This followed a period of intense hype for the single-player RPG spin-off from the Black Desert MMO, which surpassed 3 million wishlists on Steam ahead of its March 19 release date. The game had 'gone gold' on January 22, 2026, contributing to a 52.94 percent stock rise from December 30, 2025, to January 30, 2026, reaching an all-time high of 68,500 KRW on March 16—a 125 percent increase from March 16, 2025. Reviews praised the game's scope, ambition, and combat, but criticized its story, characters, unresponsive controls, and interface. Crimson Desert sits at 78 on Metacritic and 80 on OpenCritic. Eurogamer's three-star review stated: 'Make no mistake, Crimson Desert is a technically proficient game with killer combat (pesky lock-on aside). Yet its characters and story are fatally undercooked. And for all Pywel's spectacular visual construction which impresses in its gigantic scale and gleaming prettiness, it lacks a certain distinctiveness.' It compared the game unfavorably to The Witcher series, noting a lack of grit and texture. Despite the drop, the stock remains higher than a year prior, with sales figures pending as the game nears availability on Steam.

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Illustration of panicked Seoul stock traders watching KOSPI plunge due to Middle East tensions.
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Seoul stocks open sharply lower amid Middle East crisis fears

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South Korean stocks opened sharply lower on Monday amid rising concerns over a broader Middle East conflict after Iran-backed Houthi militants in Yemen fired missiles at Israel. The benchmark KOSPI fell 240.94 points, or 4.43 percent, to 5,197.93 in the first 15 minutes of trading. Global oil prices climbed while U.S. troop deployments heightened fears.

Oil prices are falling on hopes for an end to the war with Iran while the US stock market holds near its records. Brent crude dropped 3.2 percent to $97.98 per barrel.

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South Korean stocks opened sharply lower on Friday amid heightened risk-off sentiment from renewed Middle East tensions. The KOSPI benchmark fell 3.74% to 5,256.46 in the first 20 minutes of trading. Uncertainty in U.S.-Iran negotiations fueled the decline.

South Korean stocks opened sharply lower on Monday after US-Iran peace talks in Pakistan ended without agreement over the weekend. President Donald Trump announced a US Navy blockade of the Strait of Hormuz, endangering a two-week ceasefire. The KOSPI benchmark fell 2.08 percent to 5,737.28 at open.

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Korean stocks closed lower on Thursday amid escalating tensions in the Strait of Hormuz, which caused volatility in global oil prices. The KOSPI index fell 0.48 percent to 5,583.25, while the won weakened sharply to 1,481.2 against the U.S. dollar, down 14.7 won. Despite the International Energy Agency's plan to release oil reserves, investors remained cautious over fears of a prolonged conflict.

Korean stocks opened sharply higher Friday following reports that the United States and Iran have reached an agreement to extend the current ceasefire.

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European stocks closed the week lower on Friday, with the STOXX 600 index hitting a two-week low. Investors cited concerns over growth and inflation from the ongoing Middle East conflict disrupting energy supplies. While technology shares gained, healthcare and financial sectors declined.

 

 

 

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