Embracer Group: Payday 3 Game Seriously Underperforms On Player Counts

picture alliance/picture alliance via Getty Images Embracer Group AB (publ) (OTCPK:THQQF) has a historic lineup of video game franchises across PC, console, and mobile gaming. Moreover, Middle Earth in the IP stable, at least Middle Earth with some conditions, not including Rings of Power and similar projects since it goes over 8 episodes, is an extraordinary find at Embracer’s highly compressed multiple and almost all-time low prices. However, there are concerns. What investors, particularly those who don’t play video games themselves, need to realize is that mistakes or greediness can quickly erode goodwill in franchises. Payday 3 is an example…