In communication services, gaming company Nexon Co. (TSE:3659, Financial) was down as its second quarter operating income missed street estimates due to lower traction in its flagship game, Dungeon & Fighter, in mainland China. Recent updates to the game did not resonate with customers, with weaker sales that may take a few quarters to redress.
From Bernard Horn (Trades, Portfolio)'s third-quarter 2019 Polaris Global Value Fund shareholder letter.
