Publisher stock slumps amidst market turmoil

Shares across the US and Europe were in free-fall yesterday amid warnings that the global economy had entered a danger zone.

Publicly traded games companies, from Electronic Arts to Activision, were victim to a global sell-off that saw the main indexes in the UK, Germany and France fall about 5 per cent.

This morning markets across Europe stabilised. Yesterday the Dow Jones share index fell about 3.5 per cent as the International Monetary Fund sent grim warnings of how inaction was dismantling the global economy.

Develop has lots more detail, including a closer look at the numbers.