Elebits (Wii) shares plunge following weak sales data

Shares of Konami Corp’s (NYSE:KNM) Elebits (Wii), -2.30 DKP (-2.58%), declined 10.18% yesterday following reports of weak sales in North America and Japan. VGCharts had reported the game only sold 64,750 copies in North America during the critical holiday shopping season. The game has sold 41,250 copies in Japan to date. Elebits (Wii) had opened the day at 99.20 DKP (forecasts 992,000 copies sold worldwide over lifetime). Traders soon realized that this price would be unattainable on such weak holiday sales and began dumping the stock. Elebits (Wii) closed at 89.10 DKP and continues to decline today.